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 > Another morning headfake

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Comment by marketsenseon Apr 17, 2024 12:27pm

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Post# 35994002

RE:Another morning headfake

Yes, it seems we are going to be stuck in this inflationary environment combined with
slow growth for quite a while longer. Isn't that stagflation?

The good news is IMO, interest rates are not going up either. That should give everyone including the banks, a stable period to adjust to this environment and to continue to profit from their business model.

The recent selloff is simply the speculative froth being taken out of the market. I don't
think it will affect the banks or most other businesses profitibility. Rates are not so high
as to choke off economic activity nor so low as to goose rapid inflation.

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