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Symbol | Exchange | Currency | ||
---|---|---|---|---|
DFN | Toronto | CAD | Real-time | |
DFN_pa | Toronto | CAD | Real-time | |
DVSPF | OTC Markets | USD | Delayed | |
DFN | NEO | CAD | Real-time |
Dividend 15 Split Corp. is a mutual fund, which invests primarily in a portfolio of dividend yielding common shares which includes approximately 15 Canadian companies. The Company offers two types of shares, such as Preferred Shares and Class A Shares. Its investment objectives with respect to Preferred Shares are to provide holders with fixed cumulative preferential monthly cash dividends of a certain amount per preferred share to yield over 5.25% per annum on the original issue price, and to pay holders the original issue price of the preferred shares on or about the termination date. Its investment objectives with respect to Class A Shares are to provide holders with regular monthly cash dividends targeted to be $0.10 per Class A shares and to pay holders at least the original issue price of those shares on or about the termination date. The Company’s investment manager is Quadravest Capital Management Inc.
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