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 June 09 = approx: $15.06

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Post by mouserman on Jun 09, 2023 4:16pm

DFN unit nav to June 09 = approx: $15.06

So adjusted the numbers to reflect the higher cash position in DFN unit ( 19%) at May 31.
I added in a couple of pennies for dividednds collected and spreadsheet comes out with a 18 cent gain since MAY 31 update. ( UNIT NAV @ $14.86)
The premium still at $2.12 or about 41.9%.

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Comment by mouserman on Jun 09, 2023 4:19pm

OOPS guess i added in 4 cents for dividends collected, and the gain then would be 20 cents to get a UNIT NAV @ $15.06

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Comment by AnEducator on Jun 09, 2023 4:56pm

I am at ~$15.07, which is close enough to verify your calculations. I too, adjusted the portfolio based upon the latest update. Cheers!

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Comment by rabnud on Jun 09, 2023 4:58pm

If it had a NAV of 25.00$ 18 years ago why did it only trade at $1.50

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Comment by mouserman on Jun 09, 2023 5:27pm

Can you not read a simple chart? DFN opened in early 2004 at approx: $14.30 for the commons. https://www.stockwatch.com/Chart/Advanced/C/DFN/20

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Comment by rabnud on Jun 09, 2023 6:15pm

OK whatever i had simply looked at the stock house price history and it obviously is all wrong as its showed it had started at around 1.30 thats all I had checked on 2004-03-19 1.3013

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Dividend 15 Split Corp