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.

TSX:DFN - Post by User

Dividend 15 Split Corp > DFN unit nav in realtime, @ approx: $14.88

<< Previous

Bullboard Posts

Next >>

Comment by mousermanon Feb 07, 2024 3:06pm

181 Views

Post# 35868172

RE:RE:RE:DFN unit nav in realtime, @ approx: $14.88

flamingogold wrote: LFE making payment status has been a harbinger of market tops. II wonder, is it different this time or not.

mouserman wrote: By the way LFE realtime UNIT NAV is $14.95........last trade at $4.40....just saying.

I think it was only a matter of time before LFE blew past DFN and others... Lifecos have outperformed the banks and even the diversified split funds the past year. The interest rates being higher for longer only INCREASES the chances of LFE and LCS having a great year in 2024.

<< Previous

Bullboard Posts

Next >>

Investor’s corner: Solving chronic pain in dogs – A significant market opportunity