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 > Ex divvy day selling, NAV rises more in early trading

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Comment by navgodon Sep 27, 2024 11:22am

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Post# 36244089

RE:RE:RE:RE:RE:Ex divvy day selling, NAV rises more in early trading

Well I guess there was a holiday didn't know about -- me bad

navgod wrote: I think you're wrong unless monday is a holiday I don't know about

NoShoesNoShirt wrote: Lots of confusion on exdiv day. Looked up lots of articles that cleared up nothing. All these articles speak so much about the "old" rules and say not enough about current rules. I think you had to buy yesterday to get the dividend.