Dividend 15 Split Corp (DFN) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: 17.88%
• Average Volume (3M): 422.58K
• Price to Earnings (P/E): 2.9
• Beta (1Y): 1.90
• Revenue Growth: 6.90%
• EPS Growth: 109.12%
• Country: CA
• Employees: N/A
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): 0.22
• Shares Outstanding: 143,622,000
• 10 Day Avg. Volume: 411,110
• 30 Day Avg. Volume: 422,583
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: -5.70
• Enterprise Value/Gross Profit: -6.86
• Enterprise Value/Ebitda: -0.93
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 64 Neutral
• Price Target: ―

Dividend 15 Split Corp's stock score of 64 reflects a mixed financial performance with volatility in revenue and cash flow, tempered by strong equity growth and low leverage. The technical analysis indicates a neutral trend, while the low P/E ratio and high dividend yield suggest attractive valuation. Consistent dividend distributions add stability, but caution is advised due to historical financial fluctuations.

Dividend 15 Split Corp Business Overview & Revenue Model

Company Description

Dividend 15 Split Corp. is a close ended equity mutual fund launched by Quadravest Inc. The fund is managed by Quadravest Capital Management. It invests in public equity markets of Canada. The fund spreads its investments across diversified sectors. It benchmarks the performance of its portfolio against the S&P TSX 60 Index. Dividend 15 Split Corp. was formed on January 9, 2004 and is domiciled in Canada.

How the Company Makes Money

Dividend 15 Split Corp makes money primarily through the management of its investment portfolio. The company generates revenue by investing in a diversified selection of Canadian dividend-paying stocks, aiming to deliver stable and predictable income streams. The income generated from dividends received on these investments is distributed to shareholders, particularly those holding Preferred shares, which have a fixed dividend rate. Additionally, DFN may earn capital gains from the appreciation of the equity investments in its portfolio. The company also raises funds through the issuance of Class A and Preferred shares, with each class having distinct rights and privileges, allowing DFN to cater to investors seeking either income stability or capital appreciation. Management fees and other related charges from the operation of the investment portfolio also contribute to the company's revenue.

Dividend 15 Split Corp Financial Statement Overview

Summary

Dividend 15 Split Corp exhibits a mixed financial performance. The company has shown resilience with recent profitability but faces challenges with historical volatility in revenue and cash flow. Strong equity growth and low leverage are positives, yet inconsistent cash flow generation and past losses highlight the need for cautious optimism.

Income Statement

The income statement shows significant volatility in revenue and net income over the years. The most recent period reflects a recovery with impressive net income and gross profit margins, but past losses and negative revenues indicate instability. Growth rates are inconsistent, highlighting a fluctuating performance.

Balance Sheet

The balance sheet is strong in terms of equity, with a consistent increase in stockholders' equity over recent years, indicating solid shareholder value. The debt-to-equity ratio is favorable, with zero total debt in the latest period. However, the equity ratio shows moderate leverage, suggesting potential risks if market conditions worsen.

Cash Flow

The cash flow statement reflects challenges in generating consistent free cash flow, with significant fluctuations in operating cash flow. The recent positive free cash flow is a good sign, but historical volatility and negative cash flows present concerns regarding cash management and operational efficiency.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	110.30M	-7.06M	9.97M	44.94M	-14.59M
Gross Profit	110.30M	-7.06M	9.97M	44.94M	-14.59M
EBITDA	109.54M	-8.17M	8.62M	43.80M	-15.22M
Net Income	109.54M	-8.17M	8.62M	32.30M	-15.22M
Balance Sheet
Total Assets	428.63M	346.21M	459.60M	376.27M	186.48M
Cash, Cash Equivalents and Short-Term Investments	427.45M	344.80M	59.81M	63.35M	12.85M
Total Debt	251.42M	249.08M	311.12M	0.00	0.00
Total Liabilities	255.80M	250.75M	314.35M	247.42M	140.38M
Stockholders Equity	172.83M	95.46M	145.25M	128.85M	46.10M
Cash Flow
Free Cash Flow	34.03M	62.60M	-77.11M	-96.13M	38.57M
Operating Cash Flow	34.03M	62.60M	-77.11M	-96.13M	38.57M
Investing Cash Flow	0.00	0.00	0.00	0.00	0.00
Financing Cash Flow	-27.37M	-103.96M	73.56M	146.64M	-49.67M

Dividend 15 Split Corp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 6.71
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:DFN, the sentiment is Positive. The current price of 6.71 is above the 20-day moving average (MA) of 6.60, above the 50-day MA of 6.42, and above the 200-day MA of 5.61, indicating a bullish trend. The MACD of 0.08 indicates Negative momentum. The RSI at 72.50 is Negative, neither overbought nor oversold. The STOCH value of 92.91 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:DFN.

Dividend 15 Split Corp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SBC	74 Outperform	―	2.56	0.00%	9.24%	19.17%	0.00%
DF	66 Neutral	―	2.50	0.00%	18.58%	50.39%	80.72%
ENS	65 Neutral	―	2.47	0.00%	10.41%	79.75%	1175.93%
DFN	64 Neutral		2.91	38.36%	17.88%	6.90%	109.12%
FTN	54 Neutral	―	3.54	0.00%	13.16%	25.07%	15.61%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%

Dividend 15 Split Corp Corporate Events

Dividend 15 Split Corp. Declares Monthly Distributions for May 2025

Dividend 15 Split Corp. has announced its monthly distribution, declaring $0.10000 for each Class A share and $0.05833 for each Preferred share, payable on May 9, 2025. This announcement reflects the company’s ongoing commitment to providing consistent returns to its shareholders, with Class A shareholders having received a total of $27.90 per share and Preferred shareholders $11.29 per share since inception, highlighting its stable performance in the financial market.

Spark’s Take on TSE:DFN Stock

According to Spark, TipRanks’ AI Analyst, TSE:DFN is a Neutral.

Dividend 15 Split Corp. presents a mixed investment opportunity. Its favorable valuation with a low P/E ratio and high dividend yield is a significant positive. However, the financial performance indicates volatility, particularly in revenue and cash flow. The technical indicators do not show a strong trend, suggesting caution. The consistent dividend declarations highlight stability and shareholder returns, adding a positive note to the overall assessment.

To see Spark’s full report on TSE:DFN stock, click here.

Dividend 15 Split Corp. Declares Monthly Distributions for April 2025

Dividend 15 Split Corp. has announced its monthly distribution for both Class A and Preferred shares, with Class A shareholders receiving $0.10000 per share and Preferred shareholders receiving $0.05833 per share. This announcement reflects the company’s ongoing commitment to providing stable returns to its investors, with a total distribution of $39.03 per share since inception, highlighting its strong performance in the Canadian financial market.

Dividend 15 Split Corp Releases 2024 Financial Results

Dividend 15 Split Corp has released its annual financial statements and management report for the year ending November 30, 2024. These documents are now accessible on the company’s website and SEDAR, providing stakeholders with insights into the company’s financial performance and strategic positioning.

Dividend 15 Split Corp. Announces March 2025 Distributions

Dividend 15 Split Corp. has announced its monthly distribution amounts for both Class A and Preferred shares, set for March 10, 2025, for shareholders on record as of February 28, 2025. The total distributions since inception for Class A shareholders amount to $27.70 per share, while Preferred shareholders have received $11.17 per share, marking a combined total of $38.87, indicating a steady return for investors.