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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

TSX:DF - Post Discussion

Dividend 15 Split Corp II > BIG DAY on DF stock and the latest moves..holy META!!
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Post by pulcan on Feb 02, 2024 6:00am

BIG DAY on DF stock and the latest moves..holy META!!

hi all,  big news from META yesterday on a dividend and the stock is on fire this moring and we could see $100 move. Talk about a crazy morning and what is going on?  Well its a mania phase in the tech sector that has not paid a dividend in decades!!  Look at Wall-Mart a first ever stock split in over 20years!!  What if GOOGLE or Amazon were to pay a dividend now for the first time?  Talk about crazy bullish market.  For us we know one thing DF stock has been held down by Quadravest for over 19 months without a dividend. Not only that the share price is now ready for a bullish run like a spring board and will move. I have loaded up as the cylce is now and we can see fireworks in this stock today. See the chart and forget the NET NAV as this is all wrong when management make the decision on those numbers. We have a basket of stocks in this investment that range from the banks, technology, resources so LOAD UP THE TRUCK.  With META leading the way this moring on a dividend high this class A shares pays a .10 cents per share and with a DRIP you have the lowest share price and big run and payout.  Three run homer in one baseball game so today is the day for a nice move.  

see the chart below as we have yet to explode higher and its coming and be ready to take profits!! I have a target of $4.90 fast and we can push to $5.20 by next week....

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Now how do i compare this?  well my post last week had FFN and did you see the spike over .30 cents on Friday as we hit $4.70?  We made a nice move and talk about a payout in dividend of .1135 cents on class A shares is bigger than META's  50cents when you look at the share price over $460.  This frenzy of the tech stocks starting to pay a dividend is a big shock into the system and these two DF and FFN  will ride higher! People are looking for the next ride and these two stocks are on radar for new money to come in.  look at the chart below and hold this stock as we are going past $5.

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see latest video from VRIC and its a good one....

Comment by PatFromGrove on Feb 02, 2024 1:33pm
Hi Pulcan, today is not and will not be a big day for DF. However, its big day will come but not for the reasons you stated. DF has been the weak sibling of DFN for a long time while having similar holdings. However, by not paying Class A dividend for the last 20 months, it is saving, or putting 10 cents into its NAV each month, adding $2.00, and is now much closer to DFN. It will catch up in the ...more  
Comment by NoShoesNoShirt on Feb 02, 2024 2:03pm
What a crazy idea, that quadravest would sandbag its own fund.  Notice I critique the idea, not the idiot.
Comment by PatFromGrove on Feb 02, 2024 2:12pm
No body is saying Quadravest is sandbagging DF. It is just that by the rules, DF could not pay being under $15 NAV where as DFN was paying for most of the last 20 months. With similar investment returns, the NAV of the 2 funds would get closer and closer. It is just maths.
Comment by NoShoesNoShirt on Feb 02, 2024 3:17pm
I agree with everything pat from Grove.  It's pulcan that I disagree with. 
Comment by mouserman on Feb 03, 2024 9:57am
DF has also NOT enjoyed the huge overnight offerings at a premium the actual NAV , like DFN who has had many of those over the years.  WIthout those DFN would also be below the UNIT  NAV threshhold. Made lots of bagholders when the  common stock was at  8 $ or higher , even tho the NAV was lower.
Comment by NoShoesNoShirt on Feb 04, 2024 9:29am
One more reason DF can't fly.... the kind of people who would invest here are currently wrapped up with LFE and FFN.  So DF is sucking the hind teat.