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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 MArch 25 = approx: $15.37
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Post by mouserman on Mar 25, 2024 4:26pm

DFN unit nav to MArch 25 = approx: $15.37

Spreadsheet now showing a gain of about 10 cents since the March 15 update.
DFN commons now have a value of about $5.37 before distributions are accounted for.
At $5.64 DFN is probably the most overvalued split fund common. They will pay in April .. but after distributions come off, HOW MUCH SAFETY will be left?
Comment by saddlerack on Mar 26, 2024 10:42am
Most of the banks and telcos pay their juicy quarterly dividends in April.  This should help the NAV