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.

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Dividend 15 Split Corp > RBC CEO speaks at Davos

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Comment by stickboton Jan 19, 2024 12:08pm

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Post# 35836054

RE:RBC CEO speaks at Davos

To me everything he said point to rate cuts, their playing chicken with mortgage armageddon (aka payment shock). Banks are greedy, they want to feast on every morsal of interest they can drain from Canadians before they flip the switch last minute right before impact. Playing with fire.

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@ the Bell: TSX advances to start off Christmas trading week