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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 > Distribution miss?
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Comment by mousermanon Apr 11, 2024 11:16am
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Post# 35983351

RE:RE:RE:Distribution miss?

RE:RE:RE:Distribution miss?SO if fuel prices keep rising, what does that do to inflation? For sure people ar paying more at the pumps, and since diesel is used for delivering nearly everything in a huge country... what does that do to consumer prices? Turdeau's carbon tax is not helping... June rate cut from BOC  is NOT written in stone. And if the BOC does cut, how many move their money out of Canada to a country where higher rates are paid for cash deposits? I am one of those moving to term deposits in Mexico  with over double the yield, and Currency gain as well.
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