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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

Comment by Inglewoodon Dec 16, 2024 6:03pm
69 Views
Post# 36365154

RE:RE:As i suspected Retraction process was a nothingburger

RE:RE:As i suspected Retraction process was a nothingburgerJesus christ, buddy. Just because a risk is possible and gets priced in does not mean its going to happen. Nobody knew how many people would submit for retraction.... they were all just guesses! You shouldn't be so bent just because someone expressed an opinion, and then had the patience to spell out their logic. You can agree or disagree. And the person who said they lost all respect.. they retracted that opinion and issued an apology. Different viewpoints foster discussion for the benefit of everyone.. which is a good thing. We can't all be pumpers all of the time lol. 
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