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 > DFN unit nav to April 18 =approx: $14.84

<< Previous

Bullboard Posts

Next >>

Comment by flamingogoldon Apr 18, 2024 10:08pm

102 Views

Post# 35997266

RE:RE:RE:DFN unit nav to April 18 =approx: $14.84

And so it begins. Initial reports are saying Israel has retaliated in the last half hour which would explain the deep red tickers.

flamingogold wrote: Looks like we may get that blood red opening sooner than later. Unless I'm seeing it incorrectly, after hour markets tonight look awful.

flamingogold wrote: Regarding the end of selling I would much rather see an ugly red pre-market. These green openings that fade by the afternoon are hardly convincing.

mouserman wrote: We can now say with a little more confidence that this number is accurate as we have just gopt the upadte from Quadravest. Markets did bounce backc towards the end of the day, not sure if that is a sign that we are over the selling or not...