Dividend 15 Split Corp T.DFN

Alternate Symbol(s): DVSPF | T.DFN.PR.A | DFNPF

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 > Damned if they do. Damned if they don't.

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Comment by flamingogoldon Jun 25, 2024 1:25pm

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Post# 36105342

RE:RE:Damned if they do. Damned if they don't.

This is not just a Canadian problem. The pandemic forced nations globally to drop rates to near zero and print money. It was that or face depression.

Anyone here ever live through a depression? Not me, and I can bet the few alive today don't have pretty stories to tell. Think the GFC of 2008-9 and multiple that many times over. It's crushing. While I am not happy about resulting inflation post pandemic, the alternative would have been far, far worse had Central Banks around the world made the same mistake in the 30's and restricted the flow of money.

stickbot wrote: National debt 2016 was 612 Billion, National debt 2024 1.23 Trillion; the true root of all the inflation, money printing 2x national debt by Freeland/Trudeau/BOC.

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