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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

TSX:DFN - Post Discussion

Dividend 15 Split Corp > Monthly Dividend
View:
Post by Sugaree on Jul 22, 2022 9:05pm

Monthly Dividend

Is there a way to somewhat forecast if the dividend will not be paid in a given month based on the share price, NAV etc...?
Comment by Donwaan on Jul 23, 2022 12:17am
For DFN the combined NAV (A share and preferred share) must be $15 or above at the mid-month update in order for the A share monthly dividend to be paid.
Comment by Sugaree on Jul 23, 2022 7:45pm
Thanks. So, looks like it cleared by 93 cents on July 15. https://www.quadravest.com/dfn-fund-features
Comment by alkhor on Jul 23, 2022 8:16pm
Mouserman and PileofShit do excellant jobs of updating the NAV on a daily basis. Follow their numbers and trend to decide when it is worthwhile to buy the A shares or get the hell out of Dodge.;
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