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Dividend 15 Split Corp T.DFN

Alternate Symbol(s):  DFNPF | T.DFN.PR.A | DVSPF

Financial Services Asset Management
Dividend 15 Split Corp. is a Canada-based mutual fund, which invests primarily in a portfolio of dividend yielding common shares, which includes approximately 15 Canadian companies. It offers two types of shares, including Preferred shares and Class A shares. Its investment objectives with respect to Preferred Shares are to provide holders with fixed cumulative preferential monthly cash dividends in an amount of $0.04583 per Preferred share to yield 5.5% per annum on the $10 repayment amount and to return the $10 repayment amount to their holders on the termination date. Its investment objectives with respect to Class A Shares are to provide holders with regular monthly cash distribution targeted to be $0.10 per Class A share and return the original issue price to their holders on the termination date. The net asset value per unit must remain above the required $15 per unit threshold for distributions to be declared. Its investment manager is Quadravest Capital Management Inc.


TSX:DFN - Post by User

Dividend 15 Split Corp > Big volume selling on DFN to start the day.
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Post by mousermanon Sep 13, 2023 9:37am
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Post# 35633472

Big volume selling on DFN to start the day.

Big volume selling on DFN to start the day.Think DFN has sold more shares in the first 10 minutes of trading than the rest of the Quadravest split funds combined.
Over 140K at last look. ANON covering means some shorts are still covering. BUT many longs are capitulating and looking for income elsewhere.
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Dealroom for high-potential pre-IPO opportunities