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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

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Post by Aszuba on Apr 16, 2024 1:06am

DFN NAV

Hopefully Tuesday & Wednesday brings us closer to a stronger footing to get paid our Dividend.
Comment by flamingogold on Apr 16, 2024 11:26am
Israel has confirmed a retaliation for Iran's attack is imminent. The market and oil may not have baked that in fully. In light of this headwind, for management to declare a distribution when the NAV is currently below the threshold might be considered irresponsible.
Comment by AnEducator on Apr 16, 2024 12:37pm
I consider the likelihood of Quadravest using last Thursday's closing NAV to enable a dividend payment as being almost zero. The only way, in my view, that a dividend is declared is for the NAV to achieve the threshold some time this week. Quadravest could conceivably wait until early next week to make their announcement as the record date is still two weeks away, but it would certainly be ...more