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.

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Dividend 15 Split Corp II > Latest, August and its whatever comes next!! get ready $$

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Comment by mousermanon Aug 19, 2024 5:26pm

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Post# 36186749

RE:RE:Latest, August and its whatever comes next!! get ready $$

Snowsnake wrote: re: FFN
You comment on FFN having over 11% payout per month. I think you mean over 11 cents per month no?

Also, are you sure FFN has a DRIP? I don't see mention of that anywhere.

FFN payout ( annual ) yield on the commons distributions is 22.9% at the close today of $5.96.

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