Dividend 15 Split Corp (TSE:DFN) has released an update.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Quadravest Capital Management Inc. announces the launch of the Quadravest Preferred Split Share ETF (PREF), set to provide monthly distributions and capital preservation opportunities through a portfolio of preferred shares. PREF will begin trading on the Toronto Stock Exchange on June 27, 2024, with an initial monthly distribution of $0.05417 CAD per unit, translating to an annualized return based on the issue price. The fund, characterized as ‘low’ risk, may adjust distribution amounts and frequency at the manager’s discretion, depending on performance and market conditions.
For further insights into TSE:DFN stock, check out TipRanks’ Stock Analysis page.