Dividend 15 Split Corp T.DFN

Buzz on the Bullboards: Major developments amidst market dynamics

[mkqtrader]

I can see that from March 31, the biggest move has been with BMO losing 3 positions in the ranks from 3rd to 6th, then TD gaining two positions, from 5th to 3rd and TRP from 6th to 4th; all other

[mouserman]

Showing a gain of about 9 cents since the update to the 15th. DFN  UNIT NAV now only 4 cents higher than sister fund DF, which carried a smaller cash position at last report. DFN  trading

[mouserman]

So appears I was quite high on DFN estimate and will have to do the appropriate adjustments. With the volatility of late i suspect there have  been some changes in the weightings of the holdings.

[mouserman]

Actually i may be low on DFN , as TRI went ex divvy yersterday, and that will likely be accounted for in the MAY 15th update. Will make the adjustments.. i think DFN unit nav to MAY 15 closeer to $15

[Jonathon Brown]

Several TSX-listed companies are making headlines with significant updates, strategic movements and quarterly reports. read article.

[PressRelease]

TORONTO, May 16, 2024 (GLOBE NEWSWIRE) -- Dividend 15 Split Corp. (The "Company") declares its monthly distribution of $0.10000 for each Class A share ($1.20 annualized) and $0.04583 for each Preferred share ($0.550 annually). Distributions are payable June 10, 2024 to shareholders on record as...read article.

[mkqtrader]

I am in full sync with Mouserman with the mid-month NAV of $15.38 with a total portfoilio value about $47M above the threshold

[mouserman]

Spreadsheet showing a gain of about 57 cents .. since april 30... and value of the commons now @$5.38, so the premium very small with the last trade @ @ 5.43 

[flamingogold]

CPI inline to cooler. Investors will take it and will reward accordingly by driving the Dow and S&P indices to all -time highs today or later this week (Nasdaq hit it yesterday). The TSX will

[ABP123]

Well I guess that should lock in a June payment.

[ABP123]

Judging by the markets reaction to the hot PPI today,  tomorrow's CPI will really have to come in extra hot for it to trigger a sell off.

[mouserman]

So DFN showing a gain of about 52 cents since the updated numbers April 30...continues to be one of the FEW that trades at a premium in Quadravest split fund arena. Last trade was @ $5.39  so 6

[flamingogold]

All US indices are in position to set all time highs tomorrow if the CPI number is favourable. Canadian markets will tag along too.

[mouserman]

So that would have a slightly negative effect on the DFN gains, as equity % is lower. I would imagine that it could be a product of the ATM program which sells shares from the treasury as long as it

[mkqtrader]

After updating my spreadsheet with April 30 values, today's NAV is ~$15.356611, rounded up to 15.36. The dividend declaration should be a reality, although we still have two more trading days to

[mouserman]

Spreadsheet shows a gain of about 53 cents since the April 30 update. Last trade @ $5.41 means the premium is small at 8 cents. However the safety is small too,... not a lot better than DF , with a