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Dividend 15 Split Corp II T.DF

Alternate Symbol(s):  T.DF.PR.A | DVDDF

Dividend 15 Split Corp. II is a mutual fund. The Company invests in a portfolio of 15 dividend-yielding, Canadian companies. It offers two types of shares, a Class A and Preferred. The investment objectives with respect to the Preferred shares are to provide holders of the Preferred shares with fixed, cumulative preferential monthly cash dividends in the amount of $0.04792 per Preferred share to yield 5.75% on the $10 repayment amount and to pay the holders $10 per Preferred share. The investment objectives with respect to the Class A shares are to provide holders of the Class A shares with regular monthly cash dividends targeted to be $0.10 per Class A share. The net asset value per unit must be above the required $15 per unit threshold in order for monthly dividends to be declared, and On or about the termination date, to pay the holders the original issue price ($15) of the Class A shares. The investment manager of the Company is Quadravest Capital Management Inc.


TSX:DF - Post by User

Post by pulcanon Feb 22, 2024 6:57pm
208 Views
Post# 35894604

Latest update, DF trigger point is $4.60 latest

Latest update, DF trigger point is $4.60 latesthi all,  Its not over for Nvidia and we just hit $800 after hours....so my prediction of $1000 is in range. so as we look into this Friday right now Df stock is on its way higher and the main trigger point of resistance is $4.60.  This target is so critical as we can see fire works past $5 and higher. This will ignite into a new NAV NET of $15 into 1st week of March for latest updates. That will spark a higher run into a $5.50 range and the rest is history.

We need to hit $4.60 before this month is over and we will follow FFN story line.  See the charts below...Feb.28th is the target date for a high of even $4.80. This post is key as anything goes this Friday as the bull market will continue!!

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As for FFN,  anything goes into next week as we can see $5.50 to $6 and end the month. March is a different story so we can go higher as Quadravest would want a much higher price tag so less shares are given out on the DRIP if you are set up in your account. Below you will see a move back to $6 into March. 

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