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Dividend 15 Split Corp II T.DF

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

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

Comment by oldbrit34on Mar 22, 2024 1:06pm
73 Views
Post# 35947486

RE:RE:DF NAV & dividend

RE:RE:DF NAV & dividendWell said Flamingogold but I wonder if too much credence is given to these 3 rate cuts. It could be 1/4% each time and I don't think that will have too much impact out here in the real world. Certainly the market will react positively to any rate cut but is the inflation rate we are given accurate. It always seems when I am shopping for any goods or services that the cost increases are way beyond what government tell us it is each month. In conversion with someone yesterday who has great contact with small businesses in our area they said that MANY of these people are still struggling with ever increasing costs in all areas of their operations and that there was no sign of inflation really coming down. One of the biggest problems to cause inflation is Federal Government debt emanating from Ottawa and there is no sign that we have any realistic plan to bring this under control and indeed reduce our National debt.I am starting to think that the markets have over estimated what the rate cuts will do and that it may be into 2026 or 2027 before we will truly see inflation come down to realistic levels.
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