Dividend 15 Split Corp T.DFN

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

Financial Services Asset Management

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 > DFN.pr.a Drop on volume

<< Previous

Bullboard Posts

Next >>

Comment by NoShoesNoShirton Dec 12, 2024 2:38pm

61 Views

Post# 36359524

RE:RE:RE:DFN.pr.a Drop on volume

Maybe because someone who has owned it 20 years just noticed it pays 5% vs. 8% for FTN and FFN.

navgod wrote: Hearing something about a block issue @ 10.35 through National Bank no details on size. Trading volume now over 2.6 milloion on all exchanges

<< Previous

Bullboard Posts

Next >>

Invest wiser with BMO's InvestorLine Platform features