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.

TSX:DF - Post by User

Dividend 15 Split Corp II > DF unit nav to AUG 23 = $15.66

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Post by mousermanon Aug 23, 2024 4:47pm

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Post# 36194062

DF unit nav to AUG 23 = $15.66

DF showing a gain of just over 21 cents since AUG 15 th, doing slightly better than DFN, likely due to more invested in holdings than cash.
DF commons are valued at $5.66 before dist... at $5.28 close it is just a few pennies below the DFN close.
LFE had the biggest gains , monetary or % wise since AUG 15.. gaining over 48 cents.

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