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

Dividend 15 Split Corp II > DF unit nav to AUg 6 = approx; $14.99

<< Previous

Bullboard Posts

Next >>

Comment by flamingogoldon Aug 07, 2024 9:03am

81 Views

Post# 36167242

RE:DF unit nav to AUg 6 = approx; $14.99

Actually, I think it has a good chance and better value than DFN. Monday's selloff appears to have been caused more by the BoJ than US recession worries. If the market rebound can hold in the next few days this will pay again.

mouserman wrote: Showing a loss of 40 cents since the update july 31... i dont see DF making the cut for paying to commons in the current market environment.

<< Previous

Bullboard Posts

Next >>

Get a better understanding of the psychology of options trading