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 unit NAv to Sept 24 = approx: $17.43

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Post by mouserman on Sep 26, 2021 11:38am

DFN unit NAv to Sept 24 = approx: $17.43

My spreadsheet now has DFN losing about 10 cents since Sept.15.... as 12 of the top 15 were down in that time.
SO premium to NAV is now at 6.8% before distributions. Still a reasonable valuation if you believe there is going to be a steady move up.
BUT i am thinking markets re going to be choppy, as financials are being targetted for higher taxes..

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Comment by KnaveofDiamonds on Sep 26, 2021 4:11pm

Yes tough call. I want to jump back into this stock in a big way but was waiting for 7.50. One correction day seemed like Wall Street was just trying to trap investors on a buy the dip before it actually corrected. Needless to say I like the market cap on DFN and I also like that it is trading over 4 bucks below Eit.

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Dividend 15 Split Corp