Bullboard - Stock Discussion Forum Dividend 15 Split Corp T.DFN

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

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. It 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... see more

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TSX:DFN - Post Discussion

Dividend 15 Split Corp > DFN Distiubtion

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Post by Sapho on Apr 08, 2021 3:45pm

DFN Distiubtion

Are the pure div, ROC, captial gain. I hold many shares of SBC and its ROC is great advantage.

Can someone shed any light on how distr is allocated on DFN?

GLTA

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Comment by flamingogold on Apr 08, 2021 4:15pm

As per Quadravest website... *For the purposes of the Income Tax Act (Canada) and any similar provincial legislation, the Company designates any and all dividends paid on both its Class A and Preferred shares as “eligible dividends” unless the Company indicates otherwise." https://03fd212c-7b45-4409-b290-698c20089de1.filesusr.com/ugd/78f11d_639957c9c24f48e29fba3504f984aab8.pdf

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Dividend 15 Split Corp