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 unit nav to Nov 12 = approx; $16.82

<< Previous

Bullboard Posts

Next >>

Comment by mousermanon Nov 18, 2024 9:36am

121 Views

Post# 36317773

RE:RE:RE:DF unit nav to Nov 12 = approx; $16.82

I think the uncertainty regarding the retraction may be holding DF back a bit... certainly no good reason for DF to be trading at the same level as DFN... at any rate we may see a surge after the midmonth update in DF , if the spreadsheets on the 2 split funds are accurate...
It should come out in the next few days.

<< Previous

Bullboard Posts

Next >>

Buzz on the Bullboards: Bombardier, world woes, a smart fridge, and top shelf weed