Dividend 15 Split Corp II T.DF.PR.A

Primary Symbol: T.DF Alternate Symbol(s): DVDDF

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.

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Dividend 15 Split Corp II

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Post by pulcanon Jun 23, 2024 9:41am

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Post# 36102131

Next three months, Updates and HOLD..for whats next!

hi all, A correction has started from a wild ride in the past 3 months and nothng has changed. This is normal and we posted since January a lot of ups and downs. Going into June i did post back in May this month was critical and as you can see we had many corrections. Is this a good thing? Yes and NO, but right now lets look at the FEAR and GREED Index. As you will see we are in FEAR and this is not good at all. However the market traders are loading up again as market momentum is extreme greed! see the link https://www.cnn.com/markets/fear-and-greed

Now looking at the next federal reserve meeting to cut rates nothing has changed so we are in the same boat. Only 10% feel we can see a rate cut in 38 days away. So check out the CME fedwatch link...https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html

As for GOLD, nothing has changed and these wild dips just keep coming back! so the price will continue and continue to move in a positive move the rest of the summer. Watch Agnico Eagle as this stock is the one to hit that $100 a share price.

check out the chart...no fear and believe in this real asset!!

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Now as for FFN this stock did stay above that moving average to pay a dividend again and nothing has changed. This stock will go much higher and i noted $8 target as we go into the summer. The biggest thing about these banks is the US Election is coming and anything helps before October and November in the US. So the banks and GOLD assets is key. Take profits and keep cash also if you do not have a drip on your account. CASH is king while this stock pays out and continues to move higher. see the chart below....I honestly believe the US elections will help all banks move higher!!

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DF stock, a miss on the dividend is nothing to focus on only the share price. This is a share price play and if you bought this stock and played the cycle from January i hope you took the cash. Right now this dip is minor and the share price is stable to come back quick and move past $5.

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now as for the wild ride watch this interview on USA Watchdog!! https://usawatchdog.com/no-way-financial-system-survives-bill-holter/

The latest video from Ron's Basement...its a good one