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.

TSX:DFN - Post by User

Dividend 15 Split Corp > DFN unit NAV in realtime = approx; $15.04

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Comment by mousermanon Jan 12, 2024 12:18pm

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Post# 35823807

RE:RE:RE:RE:DFN unit NAV in realtime = approx; $15.04

James12 wrote: 11.9%? Wow, which bank is this?

BBVA, which is mostly spanish speaking, but not a problem communicating with the Bank manager who took care of our investment. You need an Mexico address and a temporary residency with an RFC number ( tax number) . mexican peso has been the 2nd strongest currency vs the USD the past year.
CAD has really fallen since we first came looking for a retirement place a few years ago. Was over 16 Pesos to CAD back then.

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