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 holders in denial

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Post by mouserman on Mar 24, 2023 11:13am

DFN holders in denial

Longs are hoping DFN only dips under 15$ for a short time, and so still dont mind paying a 40%+ premium to get some of this. WAYYY more money in shortselling this name. ALtho financials are the real problem in DFN portfolio, that contagion quickly spreads to other parts of the economy.

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Comment by itsthehitman on Mar 24, 2023 4:24pm

I hear you....sold 20% 3 weeks ago and steadily watched the drop....but rightly so....many in denial or have held so long that they can afford the big dip that should come soon....but they are enjoying the divis.....I will probably dump out 20% more next week but have a boatload of cash sitting on the sideline not knowing what to do.....very schitzo market.....a sick adventure to watch dalily ...more

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