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 > TD target of 6 rate cuts looking like a long shot

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Comment by flamingogoldon Jan 16, 2024 12:52pm

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Post# 35829392

RE:RE:RE:TD target of 6 rate cuts looking like a long shot

I made reference a few days ago that after two years rates, CPI, wages, infaltion and wars were no longer going to dominate headlines later in this year. You just hit the nail on the head as to why.

itsthehitman wrote: Agree 100%....a very spooky year ahead....especially with Trump being favored in election ahead. Maybe he can run the country from prison...lol

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