Dividend 15 Split Corp II T.DF

Alternate Symbol(s): T.DF.PR.A | 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 flamingogoldon Aug 07, 2024 10:06am

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Post# 36167362

VIX plummets to low 20's

Recession fears shot up Monday when the VIX made history with a one-day record jump from below 20 to 65. While the US economy is slowing and the FED possibly a little behind the curve (a US rate cut in Sept is now 100%), the real story on what happened Monday is less about a misstep from the FED but more about a policy error by the BoJ. The latter now saying they will not raise further if markets are unstable. Calm and buyers are returning to markets... for now.

https://www.cnbc.com/2024/08/07/bank-of-japan-wont-raise-rates-when-markets-unstable-deputy-governor-says.html#:~:text=Bank%20of%20Japan%20Deputy%20Governor,therefore%20overall%20inflation%2C%20Uchida%20said.

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First Helium advances winter drilling program with Leduc Anomaly test well