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

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Comment by pulcanon Aug 20, 2024 7:02am

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

hi there, the drip is an option for you if your account is set up for it. Not all trading accounts have this set up so call your trading platform. Also, 11% or 11 cents same thing so does not matter as we talk about shares owned. Also. news was supposed to come out yesterday and so anyone who took advantage of the low price will benefit today as they updated the website after hours yesterday on the NAV NET. I guess traders want that news as you never know with Quadravest as they can call out $14.99 and not pay it out on the dividend. cheers.

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