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 has been my Best stock this year.

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Post by rixpix on Oct 08, 2024 7:52am

DFN has been my Best stock this year.

Almost 100% cap gain so far and collecting 40% Dividend!!

They say u gotta be good to be lucky and lucky to be good.

I think I've been extremely lucky with this one and never expected to be making this much in less than a year.

Still holding all my shares for the dividend and don't care if it doesn't go higher anymore.

GLTA

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Comment by mouserman on Oct 08, 2024 1:27pm

Its only a 40% annual distribution if you get paid every month.. if you bought at 3$ that is not possible.

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Comment by rixpix on Oct 09, 2024 11:07am

Hi Mouse I bought @ 3.11 so While DFN has not paid dividends consistently in the last 12 months, If DFN continues to pay 10 cents a share monthly going forward I'll be making 39% dividend. That's why I keep saying I'll never sell this. If I ever need cash, I'll sell something else or use my LOC but I won't touch this. GL

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