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 > NAV @ 3:20 pm

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Post by AnEducator on Jan 03, 2024 3:24pm

NAV @ 3:20 pm

~$15.14. The capital shares are now trading at a discount of ~$0.12. We are still above the payment threshold by ~0.92%, so if you have a positive view of the markets, current prices are not unreasonable.

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Comment by CoPilot99 on Jan 03, 2024 5:59pm

Does your calculation factor in their porfolio updates as of Dec 29 as posted on their website today? Thanks!

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Comment by AnEducator on Jan 03, 2024 7:23pm

Thanks for the heads up! I did not check the website earlier. The December 29 NAV came in a couple cents lower than my estimate, so the true number I quoted earlier should have been ~$15.12, still well above the payment threshold.

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Dividend 15 Split Corp