DIVIDEND 15 SPLIT CORP II T.DF

Alternate Symbol(s): DVDDF | T.DF.P.A

Dividend 15 Split Corp. II is an investment company, which 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 Class A shares are to provide holders of the Class A shares with regular monthly cash dividends. The net asset value per unit must be above the required $15 per unit threshold for monthly dividends to be declared; and on or about the termination date, to pay the holders of Class A shares at least the original issue price of those shares. 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 on the $10 repayment amount per Preferred share to yield 5.75%, and to pay the holders of the Preferred shares the $10 repayment value of those shares. Quadravest Capital Management Inc. is the investment manager of the Fund.

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DIVIDEND 15 SPLIT CORP II > PULCAN makes move into DF.TO = Dividend

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Comment by TickerTwiton Jun 29, 2022 8:13am

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Post# 34789815

RE:RE:PULCAN makes move into DF.TO = Dividend

Yeah, we're still on the sidelines here until inflation and the BOC policy-rate increases sort out. You should be sure no further increases in the policy rate are coming before buying into DF, and that seems very unlikely with inflation where it is.

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mouserman wrote: That is a very one-sided view of the fund. There is also a good chance of another 10% pullback on the next set of interest rate hikes, and if that happens, buyer of DF will be sitting on deadmoney for a few years. I threw my rose-colored glasses away many years ago when it cost me thousands of dollars.

pulcan wrote: hi all, I made a significant move into this stock position DF.TO as this was hammered over the past two weeks. This is a high paying dividend .10cents for every share. The best part is they have one of the best holdings with growth in oil and energy/banks sector. Also they are no longer paying service fees to the any of the banks or brokers. The NET Average value is just under $14.66 and we need net $15 to pay the dividend. So LOAD up as we come back at these low prices and i have owned this in the past. Thanks to the service fees we have a quicker turn around at $15 net average value. This is one that i have added last week a significant dollar value in my portfolio. This is another OIL, Energy play with the banks. Our top holding is TC Energy Corp and this is a stock that is going to do very well. Check out the website for more details and i did buy a lot of the CLASS A shares not the perferred. Again, if you follow me on other stock i just want to make sure we protect our portfolio over the summer.

https://www.quadravest.com/df-fund-features