Dividend 15 Split Corp. (TSE:DFN – Get Free Report) declared a monthly dividend on Friday, October 30th. Shareholders of record on Tuesday, November 10th will be given a dividend of $0.10 per share on Tuesday, November 10th. This represents a $1.20 dividend on an annualized basis and a yield of 14.2%. The ex-dividend date of this dividend is Friday, October 30th.
Dividend 15 Split Trading Down 2.4%
Shares of Dividend 15 Split stock opened at C$8.46 on Friday. The stock has a market cap of C$1.36 billion, a P/E ratio of 2.17 and a beta of 1.49. The company has a quick ratio of 1.75, a current ratio of 0.15 and a debt-to-equity ratio of 114.53. Dividend 15 Split has a 12-month low of C$6.43 and a 12-month high of C$9.67. The business’s 50 day moving average is C$8.52 and its 200-day moving average is C$8.27.
About Dividend 15 Split
The Companys investment objectives with respect to the Class A Shares are (a) to provide holders of Class A Shares with regular monthly cash dividends targeted to be $0.10 per Class A Share; and (b) on or about the Termination Date (as defined herein), to pay holders of Class A Shares $15.00 per Class A Share, which was the issue price thereof on the initial public offering of the Company, through the redemption of each Class A Share held on the Termination Date. The assets of the Company are invested in an actively managed portfolio of common shares (the Portfolio) which primarily includes securities of the following 15 publicly traded Canadian companies (the Portfolio Companies), each of whose securities will generally represent no less than 4% and no more than 8% of the Net Asset Value of the Company: Bank of Montreal The Bank of Nova Scotia BCE Inc Canadian Imperial Bank of Commerce CI Financial Corp.
See Also
- Five stocks we like better than Dividend 15 Split
- The Factories Behind AI Servers Just Raised Their Outlooks—3 Contract Manufacturers to Watch
- MarketBeat Week in Review – 10/26 – 10/30
- Amazon’s Record Margins Couldn’t Stop the Sell-Off—Here’s Why
- DoorDash’s $17 Billion Bet on Instacart Faces a Long Regulatory Road Ahead
Receive News & Ratings for Dividend 15 Split Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dividend 15 Split and related companies with MarketBeat.com's FREE daily email newsletter.
