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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 flamingogoldon Oct 12, 2024 10:44am
130 Views
Post# 36263831

Jamie "Doomsday" Dimon at it again...

Jamie "Doomsday" Dimon at it again...He will be right eventually. After 2 years of incorrect predictions, he may actually be close this time. Markets are getting bubblicious. A correction sure, but no recession or doomsday scenario. The only thing, the higher we go, the greater the pullback as momentum on any downside could be amplified. Be careful and have stops in place.

Geopolitical risks are surging: ‘Conditions are treacherous and getting worse’


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