Dividend 15 Split Corp T.DFN

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

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.

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Dividend 15 Split Corp > This Is A Slow Moving Train Wreck

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Comment by rixpixon Oct 23, 2023 7:28am

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Post# 35695757

RE:RE:RE:This Is A Slow Moving Train Wreck

1condor wrote: rixpix...your low 3's is about to reveal itself. You going to follow through on buying a chunk?? or avoid the falling knife scenario and wait for the uptick.

There's still some ways to go but if/when it gets there, $3.11 is my buy price.

If I'm wrong and it continues to go down, (it won't be the first time) I'll just hold until it turns up.

And it WILL turn!

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