Bullboard - Stock Discussion Forum 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... see more

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Dividend 15 Split Corp II > Why hasn’t Df made a move like FFN

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Post by Markyp on Dec 27, 2023 8:21pm

Why hasn’t Df made a move like FFN

What's the deal? Very high discount on this one....why hasn't it gone up a lot like FFN did.

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Comment by mkqtrader on Dec 28, 2023 5:30pm

Perhaps because DF still needs to recover over 3.3% to reach the dividend breakpoint while FFN needs less than 1%. This difference makes DF still a little less palatable for the moment, the big step will come as soon as the NAV will approachthe $15 mark. Also, almost 60% of FFN holdings are US banks, which are seen more reliable and stronger that the Canadian ones. US holdings have increased by ...more

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Comment by Markyp on Dec 29, 2023 10:12am

They mirrored each other in discount to Nav now Df still has the large discount to Nav. I can understand the rest off what you said but it boggles my mind to have such a giant discount to Nav. I think we could see a jump soon.

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Dividend 15 Split Corp II