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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 > NAV July 6
View:
Post by AnEducator on Jul 06, 2023 7:34pm

NAV July 6

~$14.95. The NAV is only ~0.35% below the $15.00 payment target.
Comment by Pesyk1 on Jul 07, 2023 10:37am
I got out of DFN @ 7.39,  moved my position into FTN , Wow glad I got some good advice from my friend ED. 
Comment by es25 on Jul 07, 2023 5:33pm
I sold my Hyld.to which I had a profit because I bought 8 months ago. Then I bought Ftn and gained 6% interest. Those days of holding forever are gone.
Comment by rixpix on Jul 07, 2023 9:04pm
The days of holding will never be gone.  But some people today don't have the patience for anything. 
Comment by es25 on Jul 08, 2023 3:05pm
I sold HYLD.to because they reduced the dividend rate, we retired people depend on income.I invested the proceeds into FTN and not DFN because the NAV was about $2.00 above the $15.00 threshold.
Comment by EdPaquette on Jul 07, 2023 8:22pm
Well I thought it should fall $2 all at once. Turns out it's more like drip torture for holders.
Comment by kittymeow on Jul 07, 2023 11:20am
Are u sure it is that high? I thought it was even lower.... some said its 14.9 on the other board
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