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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

Post by pulcanon Sep 02, 2024 9:08am
587 Views
Post# 36205077

September get ready to make your moves!!

September get ready to make your moves!! hi all, as we get ready for September and everyone is back to work....summer is not over yet as we have some time to enjoy the sun. However,  the markets can repeat itself in October and November with the elections coming. I would say make your move!!  In or Out? as the stock market this month is your last warning! trading stocks or hanging onto your investments just because you think of a dividend or the stock did a nice dip...get in and buy for the cycle is very scary.  I will be looking at the month of September as a decision to get ready for a correction when it happens and how it happens in the coming months. I feel September is a good time to think about it and make sure you take profits. From what i can see i will post my targets and latest trends so lets go for September latest.

Now,  we all know the FED hinted about rate cuts in September and the number do not lie. So are we looking at a .25 basis point cut?  Is that all?  hmmm lets see the latest and the link https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html

So if we get a rate cut in September could be one that will make noise for the first time or nobody cares?  Jobs numbers are coming out this Friday and we all know the correction that was made nobody cared!!  Now they will and this is scary as any sign of more up unlemployed civilians is a wake up call.  see the link  this is new...and on the rise!!  https://www.bls.gov/charts/employment-situation/civilian-unemployment-rate.htm  The more this chart continues to rise the worse and more cuts are needed to help those who cannot afford high rates.

Now the Buffet indcator is off the charts and we are very high and that is not good!!  so check out the latest as we are now 197.8% see the link.  https://en.macromicro.me/charts/406/us-buffet-index-gspc  As for the Fear and Greed indicators its all greed and the stock strength price is in fear...so be ready for this to change one day!  see the link   https://www.cnn.com/markets/fear-and-greed

As for the unemployment statistices that came out last week on the true unemployment correction of almost 1million without jobs is a big deal and nobody cares so watch out for any news on Friday how they come out on the jobs report or none fram payroll numbers.  How accurate is it if they are positive?  hmmm.......see the link for now https://www.bls.gov/web/empsit/cesprelbmk.htm This link you will see from the site the big -800k  and its true! all True!   

Right now lets look at DF stock...where do we go in September as i did note $5.60 target and thats it..unless some amazing news in the markets come out into October and this stock or all stocks does a special announcement.  For us one last dividend?  Can we push past another 52 week high in September? I would say we stay in this direction above $5 as a min and idle around the $5.25 to $5.50 range. So get ready to make your moves into October!  I honestly feel this is a good month to take a lot of profits and work into holding cash! I know i will be thinking about my entire investments even up 50% into cash for mid to Late October.  so lets look at the chart on DF....a new high of $5.50 and correction down slowly until we hit some sort of correction for whatever reason the markets wants to claim in October to November.  

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so make your moves soon once we get close to the end of September into October. Anything goes and i will be looking at 50% of my investments into cash and safe bets for returns. 

also as for FFN stock, they have the best banks and my posts over the past few months continue higher and just like this post on your next moves you need to be ready to take cash/profits. 

see the latest video and this is a good one!!  from a veteran!




 
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