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Dividend 15 Split Corp T.DFN

Alternate Symbol(s):  DVSPF | T.DFN.P.A

Dividend 15 Split Corp. is a Canada-based mutual fund, which invests primarily in a portfolio of dividend yielding common shares, which includes approximately 15 Canadian companies. The Company offers two types of shares, including Preferred shares and Class A shares. Its investment objectives with respect to Preferred Shares are to provide holders with fixed cumulative preferential monthly cash dividends in an amount of $0.04583 per Preferred share to yield 5.5% per annum on the $10 repayment amount and to return the $10 repayment amount to their holders on the termination date. Its investment objectives with respect to Class A Shares are to provide holders with regular monthly cash distribution targeted to be $0.10 per Class A share and return the original issue price to their holders on the termination date. The net asset value per unit must remain above the required $15 per unit threshold for distributions to be declared. Its investment manager is Quadravest Capital Management Inc.


TSX:DFN - Post by User

Comment by ABP123on Apr 25, 2024 3:29pm
62 Views
Post# 36007823

RE:RE:RE:Gone for 4 hours and holdings are much greener

RE:RE:RE:Gone for 4 hours and holdings are much greener

Hope does spring eternal.  I do and did have tech holdings, however lightened that load and glad I did.  Funny to watch the dip buying.  In the tech world the market seems to have wanted more from earnings. NFLX got sold down, now Meta, however the sellers all ran to NVDA today and this is the only reason the Nas recovered.  

Somehow I don't think the recent overall market turbulence is over.  

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