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 > DFN unit nav to AUg 14 = approx: $15.40

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Post by mouserman on Aug 14, 2024 4:14pm

DFN unit nav to AUg 14 = approx: $15.40

So the spreadsheet now showing the loss is 0 since JULY 31 , give or take a penny.
A lock to pay distributions even if the market crashes tomorrow. Quadravrest will simply use the 14 th as the calculation date to make sure their signature split fund pays to commons. DFN a much better buy at this valuation, than its historic, 25 to 40% premium.

619

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Comment by flamingogold on Aug 14, 2024 5:05pm

True, but DF is the better buy over DFN. I expect the market to give some gains back soon but the payout next month is a slam dunk, spike the ball event.

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Comment by FatTraderDude01 on Aug 15, 2024 10:14am

I watch both DFN and DF, I like the liquidity of DFN with higher average volumes, You could be right

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Comment by flamingogold on Aug 15, 2024 1:03pm

DFN definitely has that advantage over DF. For this reason, my DF position is never more than 10-20k shares at most which can be liquidated usually over a few cents.

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