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 > Markets bouncing back

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Comment by navgodon May 28, 2024 6:47am

195 Views

Post# 36059844

RE:RE:RE:RE:RE:RE:RE:RE:Markets bouncing back

Give the rest of us a break! You remind me of the child that has to get the last word in. No one said DF and DFN are identical but closer to non identical twins or perhaps siblings -- in any case they share a lot of DNA :). As for your previous opinion doubting they had the same management -- ridiculous glta