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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

Comment by ABP123on Jun 17, 2024 6:29pm
134 Views
Post# 36093075

RE:RE:Buy the dip

RE:RE:Buy the dipSo I guess the latest they can really let the announcement re Dividend Payment for Class A is next Monday AM June 24?  I assume if they were going try and use a close from early last week, they would have already announced.   US markets are closed Wednesday for Juneteenth. So no significant influence on that day.  Can anyone think of a catylist that can light a fire under the TSX and DFN's holdings in the very short term?
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