Dividend 15 Split Corp II T.DF

Alternate Symbol(s): T.DF.PR.A | DVDDF

Financial Services Asset Management

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 > DF unit nav to June 14 = approx: $14.67

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Post by mousermanon Jun 14, 2024 6:53pm

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Post# 36090074

DF unit nav to June 14 = approx: $14.67

Spreadsheet is showing a loss of about 50 cents since the MAY 31 update... so much for diversified stocks holding up better. General market selloff and not sure it is done just yet. Last sale on DF was @ $4.60 so trading just below Nav..

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