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Dividend 15 Split Corp T.DFN

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

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

Comment by mousermanon Aug 08, 2024 9:44am
156 Views
Post# 36169268

RE:RE:Goodbye to common shares, see you after recessions.

RE:RE:Goodbye to common shares, see you after recessions. So this current Black Monday selloff compares to those events in history... do they not?
Buffet selling banks and APPLE for hundeds of billions ..???  Owns more US treasuries than the FED? What do they know that we dont. How to become billionaires .. maybe.
I like to follow the money.
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