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An announcement from Dividend 15 Split Corp ( (TSE:DFN) ) is now available.
Dividend 15 Split Corp. has launched an overnight offering of its Preferred Shares (TSX: DFN.PR.A), priced at $10.45 per share, with National Bank Financial Inc. acting as lead agent and closing expected around January 23, 2026, subject to TSX approval. The company plans to use the net proceeds to further invest in its portfolio of dividend-yielding Canadian blue-chip companies, while maintaining its stated objectives for the Preferred Shares of paying fixed cumulative monthly dividends at an annual rate of 7% on the original $10 issue price and returning the $10 principal per share on or about the current termination date of December 1, 2029, which may be extended.
The most recent analyst rating on (TSE:DFN) stock is a Buy with a C$8.00 price target. To see the full list of analyst forecasts on Dividend 15 Split Corp stock, see the TSE:DFN Stock Forecast page.
Spark’s Take on TSE:DFN Stock
According to Spark, TipRanks’ AI Analyst, TSE:DFN is a Outperform.
Dividend 15 Split Corp’s overall stock score is driven by its strong valuation and positive technical indicators. The company’s low P/E ratio and high dividend yield make it an attractive option for value and income investors. Positive corporate events further bolster confidence. However, financial performance shows mixed results with historical volatility, necessitating cautious optimism.
To see Spark’s full report on TSE:DFN stock, click here.
More about Dividend 15 Split Corp
Dividend 15 Split Corp. is a Canadian split share corporation that invests in an actively managed, high-quality portfolio of dividend-yielding Canadian companies, primarily in the financial, energy, utilities, telecommunications, and industrial sectors. Its holdings include major banks, insurers, pipeline operators, telecom providers, and other blue-chip issuers, and it structures its capital into Preferred Shares and Class A Shares to provide income-focused and capital appreciation options to investors.
Average Trading Volume: 458,579
Technical Sentiment Signal: Buy
For an in-depth examination of DFN stock, go to TipRanks’ Overview page.