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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 > Can we sell after ex-dividend date and buy other share
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Comment by FatTraderDude01on Jan 23, 2024 1:40pm
128 Views
Post# 35841239

RE:Can we sell after ex-dividend date and buy other share

RE:Can we sell after ex-dividend date and buy other shareOh misunderstood.... it takes  a day or two  for 
your shares to settle in your account.  DFN share purchase may not settle until after record date.

Ar least that's how my direct investing works...
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