Bullboard - Stock Discussion Forum Dividend 15 Split Corp T.DFN

Alternate Symbol(s): DVSPF | T.DFN.PR.A | DFNPF

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 > No Quadravest update yet,,

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Post by mouserman on Jun 18, 2024 1:54pm

No Quadravest update yet,,

I suupose they are waiting to see if DFN can make the 15$ level by the 20th...
Big bounce day today, but not for DFN.. they have only gained 3 pennies since the JUNE 14 numbers, which i estimated at $14.76 or so. Might put the update out tonight tho... as I cant imagine them paying it again, even if it is their sweetheart. STOCK Market has made multiple highs in 2024, and when it gets too euphoric , that is generally a sign of the top. This fall could be ugly,.. but jmho.

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Comment by flamingogold on Jun 18, 2024 2:08pm

This will not pay. It's already sold off somewhat but on official news I would expect a drop down to $4.70. That level has been tested 3x over the last year on missed distributions. If July is weak the chance for another miss increases which might push it down into low 4's.

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Dividend 15 Split Corp