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

<< Previous

Bullboard Posts

Next >>

Post by flamingogoldon Jan 31, 2024 4:22pm

178 Views

Post# 35855768

Market needs to give back...

the over exhuberance of early rate cuts. A 4% drop in the S&P would bring us back to the start of the year levels. Question is, does it over shoot like we just did on the upside? Only saving grace will be the Friday jobs number. Anything too strong will only support the FEDs case of higher for longer.

<< Previous

Bullboard Posts

Next >>

Corus reports Q1 profit drop in the face of falling revenue