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 > For anyone interested...

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Post by flamingogold on Aug 23, 2024 10:56am

For anyone interested...

In addiction to my long term holds of DGS and BK, I also own a lesser known split BEPR. Very boring split and why it's Stockhouse board has no comments. But, we're at an interesting crossroads again and wanted to share.

Back in the Fall of '21 BEPR began sliding just as rates were beginning to climb. For anyone who is in the camp that the FED is winning here and they will be cutting next month and for successive meetings after that, then there is a good opportunity for the inverse to occur for BEPR with capital appreciation and distributions on top.

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Comment by kurtwalter on Aug 26, 2024 1:27pm

Are you sure BEPR is a split share company?

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Comment by flamingogold on Aug 26, 2024 3:26pm

I stand correcteed, it's a preferred share ETF. If the interest rate cycle is down for the next year or two, I believe that BEPR could see capital apprication back to 2021 levels of $12. So, a 30% appreciation in share price with a consistent 9% distribution on top.

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Dividend 15 Split Corp II