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 > DFN unit nav to FEB 27 = approx; $15.24 before dist.

<< Previous

Bullboard Posts

Next >>

Comment by rixpixon Feb 28, 2024 7:19am

181 Views

Post# 35903205

RE:RE:DFN unit nav to FEB 27 = approx; $15.24 before dist.

NoShoesNoShirt wrote: DFN holders are feelers. FTN holders are thinkers.

I own both so I don't know what that makes me.

All I know is that I'm getting paid $1000 monthly from DFN and $1005 from FTN. (Not even counting my unofficial cap gains from both)

So basically, you can call me anything you like as long as it doesn't cost me any money. :))

GL.

<< Previous

Bullboard Posts

Next >>

They started in video game investing, now they serve high net worth traders