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 > Canada in a recession

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Comment by mousermanon Nov 01, 2023 4:50pm

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Post# 35712127

RE:RE:Canada in a recession

Strength in the employment data is not what it seems. When the biggest majority of new jobs were created by govt hiring. That cost is on the taxpayers and businesses., and is not supported by selling a product. It is not the normal increase in productive jobs at all, and imo it is a negative for the country. In B.C. for instance there was no employment increases at all, after subtracting the govt hires.

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