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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.


TSX:DFN - Post by User

Dividend 15 Split Corp > Someone appears to be triggering stop loses
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Comment by NoShoesNoShirton Nov 05, 2024 12:09pm
55 Views
Post# 36297188

RE:Someone appears to be triggering stop loses

RE:Someone appears to be triggering stop losesThat's a conspiracy theory. It's also possible that different people will get fear and greed at different times. Or other legitimate ways.
winerack wrote: It's been two market openings in a row that someone has driven the price down... with the dividend safe for now this kind of price action is not warranted.  In my opinion it appears someone is triggering stop loses to allow them to purchase at a reduced price.



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