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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 > Sellers jumping on DF while the NAV jumps...
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Post by mouserman on Dec 05, 2024 11:00am

Sellers jumping on DF while the NAV jumps...

Looking like a 10% discount here, and once the retraction issue is cleared up, i believe there will be a lot of room for it run up to its proper value. However there is a big IF,,, the market cannot nosedive.
Comment by robert1966 on Dec 06, 2024 9:57am
When is the RETRACTION day.
Comment by elonmuskrat247 on Dec 06, 2024 10:29am
No later than 30 days after December 31 of the year in which the Special Redemption Right is exercised, the Company shall pay or cause to be paid to or to the order of the registered holders of the Preferred Shares or Class A Shares to be redeemed, as the case may be, an amount per Preferred Share or Class A Share equal to the Applicable Special Redemption Price
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