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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 > Will DFN issue a dividend as of February 28?
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Post by MbappeWannabe on Feb 12, 2024 1:03am

Will DFN issue a dividend as of February 28?

Will this fund issue a dividend for the period of February (1st to the 28th) in the middle of March?
Comment by victoria977 on Feb 12, 2024 9:48am
I hope so!
Comment by NoShoesNoShirt on Feb 12, 2024 10:27am
Nobody here has a crystal ball, just opinions. We will know by the 15th, possibly the 19th. Keep  reading here.
Comment by mouserman on Feb 12, 2024 11:30am
If the UNIT NAV is ABOVE  15$ on or about the 15th of the month it will pay. Very close to the level today.
Comment by NoShoesNoShirt on Feb 12, 2024 11:46am
LFE has caught up in nav, but it's rising faster. Dump DFN and  buy LFE. 
Comment by Pumpersuck on Feb 12, 2024 12:20pm
yeah, we will get right on that for you.
Comment by NoShoesNoShirt on Feb 14, 2024 10:33am
DFN may look better in the last 3 years, but LFE will beat it in the next 3 years. 
Comment by andtou100761 on Feb 14, 2024 3:38pm
Interest things: Why do you said this ?
Comment by NoShoesNoShirt on Feb 14, 2024 5:34pm
Andtou I say that because zero interest rate was really bad for the insurance companies and they can make lots of money with 4 or 5%.
Comment by BeardPoor on Feb 15, 2024 8:03am
The bigger question is,will we find out this month if the fund will renew this year
Comment by navgod on Feb 15, 2024 8:42am
If this a worry/question for you -- you don't know anything about splitshare closed end funds. This Quadravest's biggest fund and as long as it spins off fees to the manager it will be renewed.