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 > DFN might jump by 20-30 cents tomorrow erasing all discount

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Post by devi01on Dec 14, 2023 4:27pm

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Post# 35785452

DFN might jump by 20-30 cents tomorrow erasing all discount

If no bad news come in next 24 hours DFN may jump another 20-30 cents tomorrow and all the discount may vanish. This will seal the deal for dividend payment.
My yesterdays prediction came true of 30-40 cent jump for today
Yesterdays closing price 4.83
Todays closing price 5.15
jump in price = 32 cents

Good luck to all!!

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