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.

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Dividend 15 Split Corp > Morning headfake?

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Comment by Beuleron Apr 10, 2024 12:20pm

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RE:RE:RE:RE:RE:RE:Morning headfake?

Banks declaring a productivity energy, coupled with the rising unemployment rate. The fire is growing, a depression maybe the end result if they delay much longer. June was my original outlook, but the above mentioned events clicked me more to the early cut side. I can wait, spring real estate market should be interesting, people trying to qualify for million dollar mortgages at stress tested 8%.

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