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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 > DFN unit nav to Sept 15 = approx. $14.84
View:
Post by mouserman on Sep 15, 2023 4:17pm

DFN unit nav to Sept 15 = approx. $14.84

So not much of a gain on my spreadsheet as it comes out at 20 cents up since AUG 31 update.
DFN trading at 8 cent discount as the last trade was $4.75
 Over a million shares traded hands today. Unless Quadravest waits until monday and hopes for a big rebound up, there will be no distribution again this month.
Comment by Mmb060 on Sep 16, 2023 11:02am
Probably lots of intra-day trading 
Comment by BigGeoffery11 on Sep 17, 2023 11:27am
Thank you very much for posting this. Any chance you could share the CSV, or an image of your inputs?
Comment by mouserman on Sep 18, 2023 10:05am
Once we get the update from DFN will post a snapshot. Wont show formulas etc  Hard to believe folks are buying this up today... gotta be a lot of MISINFORMED traders/investors out there. Majority of the stocks down today as far as DFN holdings go. Wont be a distribution again this month. Not interested in this split at this price or even a 10% discount.  DGS a much better chance of ...more  
Comment by AnEducator on Sep 18, 2023 11:31am
People remember the enormous premium accorded to DFN compared to almost any other split share when it is paying and are hopeful that they can experience it once again. While I can see them paying dividends sporadically in the near future, I don't believe we will see such premiums again until after the extension deadline passes, if ever. A Corporate Action event which pushes the NAV well over  ...more