Post by
EdPaquette on Feb 17, 2021 4:35pm
Nav 16.06
Must remember to proofread
Comment by
flamingogold on Feb 17, 2021 5:42pm
This puts the premium now at about 13% which is not outrageous for a split that continues to pay.
Comment by
EdPaquette on Feb 17, 2021 7:10pm
DFN rose .38 and FTN rose .83 in the same period. No premium for FTN at all for now due to the recent share release, but it will return. Putting money in one or the other right now is a no-brainer.
Comment by
navgod on Feb 17, 2021 7:33pm
Understand the case for FTN but don't understand any buying interest in DFN.
Comment by
flamingogold on Feb 18, 2021 8:56am
As the virus fades commodity prices will rise and Canadian markets could outperform the US this year. FTN holds only US/Canadian financials while DFN is Canadian with approximately 20% exposure to energy.
Comment by
navgod on Feb 18, 2021 9:38am
Then buy DGS much better value than DFN