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 now has gained about 6.5 cents since Aug 30

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Post by mousermanon Sep 04, 2024 11:32am

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Post# 36208056

DF now has gained about 6.5 cents since Aug 30

So at this point both DFN and DF have gained the same amount since that date. If my spreadsheets are correct DF has a 4 cent higher UNIT NAV.. but lots could have happened since AUG 1 to change these numbers. Weightings shifted and/or cash position changes.

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