Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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.


TSX:DF - Post by User

Comment by flamingogoldon Jul 11, 2024 3:06pm
55 Views
Post# 36128894

RE:RE:RE:DF unit nav realtime -= approx. $15.10

RE:RE:RE:DF unit nav realtime -= approx. $15.10Not attacking LFE, just pointing out its trading pattern and trying to help others from getting trapped. Over $5 even when it's paying LFE has been a hard sell. Very much like DF now and lately DFN. For less active tradiers, these instruments are not the best place to park money.

mouserman wrote: I was not talking about me buying, i am averse to buying bubble stocks, when there are very safe , highyielding plays like FTN, FFN etc that are trading at a discount. Even BK which normally would be at a 10% premium is trading at about half that, with the UNIT NAV well over 20$.
As far as your continual attack on LFE , it is obvious you dont trade it. I have made a lot of  $$ on LFE, in capital gains and did collect 3 distributions in 2024...and it may get to 15$ again.. here very soon. I have free shares , i just put away... have thousands in profits  above and beyond the free shares  it so dont fell bad about holding those.


<< Previous
Bullboard Posts
Next >>