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 > Say goodbye to a cut in March

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Comment by mousermanon Jan 31, 2024 3:29pm

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Post# 35855617

RE:Say goodbye to a cut in March

flamingogold wrote: Powell on the call now and has pretty much squashed a March cut. No surprise by me. I think a FED cut in April is less than 50% now and June now the target start date. However, the BoC might try to squeeze one cut in by April just to salvage a comatose real estate market.

Real estate market might be comatose , but the rental market is thriving, it is likely the highest it has ever been across Canada... may be by design for Turdeau and his WEF pals...
IF BOC starts to take shelter into account for inflation, it may be awhile for Canada to begin cutting rates as well.

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Corus reports Q1 profit drop in the face of falling revenue