Post by
pulcan on Jun 27, 2022 11:43am
PULCAN makes move into DF.TO = Dividend
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
Comment by
mouserman on Jun 27, 2022 3:21pm
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.
Comment by
TickerTwit on Jun 29, 2022 8:13am
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. .
Comment by
navgod on Jun 27, 2022 4:32pm
NAVGOD calls BS on PULCAN When you figure out what NAV stands for (it isn't "NET average value") I might be interested in your opinion. Who am kidding - I won't be. GLTA
Comment by
pulcan on Jun 28, 2022 6:22am
the management looks at the NET value before the decided on the divident that month. So be careful as you need to follow the website when they month the updates twice a month. As for the share price its a good comeback quick and i have sold it and owned it for years. The DRIP is key and a good one...