Dividend 15 Split Corp II T.DF

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

Financial Services Asset Management

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.

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Dividend 15 Split Corp II

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Post by pulcanon Mar 05, 2024 6:51pm

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Post# 35916888

Morning rate Decision Canada, DF latest target for dividend

hi all, a very good day for GOLD as we held nicely and continue to go higher. As for the major minors like Agnico Eagle, Barrick Gold and so on will continue to go higher into this month. Now, this Wednesday will be a big announcement as Bank of Canada will announce a rate decision. I honestly believe they will cut rates!! If they do not it will be a serious hit for many and waiting for the US to do it first later in this month is not a good move. Follow the leader is a game we should not play and right now its a big day. As for DF stock today we did very well and we are now in a uptrend past to $4.60. All we need is a .20cent move to this target and its game on!! remember my last post and look at the chart. Regardless of what the rates are we will move towards $5 as we do the same mirror like move as FFN last month.

So for us we want the profits also from two months ago if you bought in under $3 a share or close to it. If the rate decision is stable and no change this will not hurt the market for now and just stay idle in my mind. So look for a .20cent move this week higher and $4.60 is our target and higher......

see link on the rate decision....as anyones guess is good. https://financialpost.com/news/economy/housing-market-resurgence-bank-of-canada-pause-rate-cuts

as for the chart this is key for DF......20cents move to $4.60 and we go higher for next week!!

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