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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 > DF UNIT NAV to OCt 22 = approx: $16.69
View:
Post by mouserman on Oct 22, 2024 4:19pm

DF UNIT NAV to OCt 22 = approx: $16.69

Showing a gain of 7 cents now since the OCt 15 th update. Holdings bounced back a bit end of the day. Commons now valued at about $6.69 before distributions and about $6.54 after . Last trade at $6.38 leaves them discounted even after distributions are factored in.
No brainer here that DF is the better value than DFN.
Comment by chessplayer on Oct 23, 2024 8:25am
It will be interesting to see if the discount vanishes before the end of the month at which time share can be submitted for redemption
Comment by Inglewood on Oct 23, 2024 11:15am
DF can be submitted for retraction too? I thought it was only FFN...
Comment by navgod on Oct 23, 2024 1:22pm
Discount will shrink but not disappear as we approach the date.-- IMHO