Dividend 15 Split Corp T.DFN

Alternate Symbol(s): DFNPF | T.DFN.PR.A | DVSPF

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 > Morning headfake?

<< Previous

Bullboard Posts

Next >>

Comment by ABP123on Apr 06, 2024 4:52am

163 Views

Post# 35974499

RE:Morning headfake?

For about a minuit at around 2 PM, it looked like we might be heading in that direction. I too thought we might be going for the headfake. I don't know what to make of this market. I have some cash to buy, but I don't know what to buy. I have only done a little selling, really just cleaning up some end trails in my portfolio. I guess next week's hurdle is another US inflation report. The Canadian jobs numbers have pretty well put a BOC June cut in the bag.

Is it just me, or does anyone else think the US Fed is trying to "Handle The Market" by bringing out its governors one by one almost daily (one or two each day) and having them make comments? Some of them even contradictory to each other.

<< Previous

Bullboard Posts

Next >>

Mullen Group's Robust Case for Value, Part 1: Less-than-Truckload