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

Dividend 15 Split Corp II > NAV @ 3:13 pm

<< Previous

Bullboard Posts

Next >>

Comment by mousermanon Mar 12, 2024 5:12pm

130 Views

Post# 35929252

RE:NAV @ 3:13 pm

I have the exact same number , so good to see we are on the same page. My spreadsheets show a bigger gain for DF, than for the sister splitfund that everybody loves , DFN. DF does have a lower % in cash, and the top ten in DF performed better than the top holdings in DFN..

<< Previous

Bullboard Posts

Next >>

Sony’s Alpha 1 II: A new professional photography standard?