Dividend 15 Split Corp II T.DF

Alternate Symbol(s): T.DF.PR.A | DVDDF

Financial Services Asset Management

Dividend 15 Split Corp. II is a mutual fund. The Company invests in a portfolio of 15 dividend-yielding, Canadian companies. It offers two types of shares, a Class A and Preferred. The investment objectives with respect to the Preferred shares are to provide holders of the Preferred shares with fixed, cumulative preferential monthly cash dividends in the amount of $0.04792 per Preferred share to yield 5.75% on the $10 repayment amount and to pay the holders $10 per Preferred share. The investment objectives with respect to the Class A shares are to provide holders of the Class A shares with regular monthly cash dividends targeted to be $0.10 per Class A share. The net asset value per unit must be above the required $15 per unit threshold in order for monthly dividends to be declared, and On or about the termination date, to pay the holders the original issue price ($15) of the Class A shares. The investment manager of the Company is Quadravest Capital Management Inc.

TSX:DF - Post by User

Dividend 15 Split Corp II > What goes DOWN must go UP....the cycle! do we load UP??

<< Previous

Bullboard Posts

Next >>

Post by pulcanon Nov 03, 2023 6:26am

172 Views

Post# 35715215

What goes DOWN must go UP....the cycle! do we load UP??

hi all, well yesterday we had a move like no other on the Toronto Stock exchange and it was overdue since the summer. Also, you all remember my post about the cylce on DF and FFN? I believe it was back in August....So, here we go again! if you buy and sell on these cycles you will make a lot of money. I see many continue to look at the dividend and NAV price. Why? Forget it as the management team at Quadravest control these numbers and you can be at $6 a share an still no dividend. However, we have a share price play again from a crazy low of $2.30 and look at what both these two stocks did yesterday. So do we load up for this cycle again? As Stone Cold Steve Austin would say, "ALL &^%$# YEAH!!!." so lets take a look at the charts...of DF...first see below the trend and it is a money maker but we need to sell once we make money. Right! so right now if you bought in over September and October lows take profits or hang on for some more moves and sell.

User image