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 > Need a coffee before reading this

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Comment by flamingogoldon Jan 16, 2024 9:51am

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Post# 35828772

RE:Need a coffee before reading this

Make that a double shot of espresso followed by some herbal tea.

stickbot wrote: "The Consumer Price Index (CPI) rose 3.4% on a year-over-year basis in December,"

"On a monthly basis, the CPI fell 0.3% in December, after a 0.1% gain in November. Lower month-over-month price movements for travel tours (-18.2%) and gasoline (-4.4%) contributed to the monthly decline. On a seasonally adjusted monthly basis, the CPI rose 0.3% in December."

Rose, fell, rose , fell, rose.. ok got it.