Dividend 15 Split Corp T.DFN

Alternate Symbol(s): DFNPF | T.DFN.PR.A | DVSPF

Dividend 15 Split Corp. is a Canada-based mutual fund, which invests primarily in a portfolio of dividend yielding common shares, which includes approximately 15 Canadian companies. It offers two types of shares, including Preferred shares and Class A shares. Its investment objectives with respect to Preferred Shares are to provide holders with fixed cumulative preferential monthly cash dividends in an amount of $0.04583 per Preferred share to yield 5.5% per annum on the $10 repayment amount and to return the $10 repayment amount to their holders on the termination date. Its investment objectives with respect to Class A Shares are to provide holders with regular monthly cash distribution targeted to be $0.10 per Class A share and return the original issue price to their holders on the termination date. The net asset value per unit must remain above the required $15 per unit threshold for distributions to be declared. Its investment manager is Quadravest Capital Management Inc.

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Dividend 15 Split Corp > BCE diving on fibre deal

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Comment by FatTraderDude01on Nov 04, 2024 2:49pm

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Post# 36295779

RE:BCE diving on fibre deal

With BCE....we thought they were going to use the sale of Maple Leaf Sports & Entertainment to pay down their loans and debts and possibly increase shareholder dividends. Instead of doing that BCE focused on future growth. Long term BCE holders should reassess if BCE is an aristocrat holding we knew it to be with consistent dividend returns
IMO

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