Dividend 15 Split Corp II T.DF

4.11!?!? What is this?!

[SmellsofMoney]

Are they making a run for divvy pay this month???

How am I supposed to buy in shares now for sweet profits? haha

[birder]

NAV is around $4.85 so within 1% of reaching dividend treshold. Still highly discounted.

[vivi1d1]

can you please share, how you found 4.85?

[birder]

My guestimate based on last NAV + what happened since. Could be $4.70 - $4.90 since we don't know exactly each underlying stock and % of each and changing by the minute obviously. If you look at top holdings since Feb 26th: - NA +6.7% - MFC +7.4% - TD +5.3% - ENB +5.5% - RY +5.1% - TRP +8.3% etc...

[TickerTwit]

I've got 4.79 at today's close, but Quadravest has been shifting the weights around something fierce in the past several months so I'm not attaching much reliability to it. .

[TickerTwit]

Actually, it's not fair of me to stick Quadravest with all of it. The shifting could partly be from calls being exercised as the underlying stocks rise. My son just opened an RRSP this year and had a whopping contribution room of about $1000. I told him to buy DF and hold for the payout to restart. He got in at 3.22 ... which is a yield on book of 37% on restart and full payback in 26 months.

[flamingogold]

You've got a son with a good ear. Most want to play the fast money stocks and well most of the time we know how that goes... fast money in, fast money out.