Dividend 15 Split Corp (DFN) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: 16.15%
• Average Volume (3M): 477.92K
• Price to Earnings (P/E): 3.2
• Beta (1Y): 1.33
• 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: 148,932,070
• 10 Day Avg. Volume: 369,807
• 30 Day Avg. Volume: 477,922
• PEG Ratio: >-0.01
• Price to Book (P/B): 0.93
• Price to Sales (P/S): 1.81
• P/FCF Ratio: 4.72
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 73 Outperform
• Price Target: C$8.00 ▲(7.67% Upside)

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.

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 generates revenue primarily through the dividends received from the underlying equities in its investment portfolio. The company holds a diversified selection of dividend-paying stocks, and as these companies distribute dividends, DFN collects these payments, which are then passed on to its shareholders. Additionally, DFN may also benefit from capital gains if the value of its portfolio holdings increases over time. The company typically employs a split share structure, which can enhance its yield and provide predictable income streams. DFN's ability to leverage its investment strategy and maintain a diversified portfolio contributes significantly to its earnings. There are no specific partnerships or unique revenue streams identified that further augment its income model.

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	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	88.11M	88.65M	75.94M	66.91M	25.77M	-14.59M
Gross Profit	86.55M	73.04M	61.60M	52.36M	12.28M	-14.59M
EBITDA	65.98M	109.54M	-8.17M	44.20M	231.82M	-15.22M
Net Income	87.07M	399.46M	-25.11M	-10.23M	32.30M	-15.22M
Balance Sheet
Total Assets	2.17B	428.63M	346.21M	459.60M	376.27M	186.48M
Cash, Cash Equivalents and Short-Term Investments	2.17B	427.45M	344.80M	59.81M	63.35M	12.85M
Total Debt	1.29B	251.42M	249.08M	311.12M	910.90M	576.59M
Total Liabilities	1.32B	255.80M	250.75M	1.08B	926.98M	140.38M
Stockholders Equity	851.56M	172.83M	95.46M	145.25M	128.85M	46.10M
Cash Flow
Free Cash Flow	15.48M	34.03M	62.60M	-77.11M	-96.13M	38.57M
Operating Cash Flow	15.48M	34.03M	62.60M	-77.11M	-96.13M	38.57M
Investing Cash Flow	-88.53M	-69.24M	-121.03M	10.37M	-438.79M	-13.38M
Financing Cash Flow	-34.95M	-27.37M	-103.96M	73.56M	146.64M	-49.67M

Dividend 15 Split Corp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 7.43
• 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 7.43 is above the 20-day moving average (MA) of 7.25, above the 50-day MA of 7.07, and above the 200-day MA of 6.00, indicating a bullish trend. The MACD of 0.09 indicates Negative momentum. The RSI at 77.52 is Negative, neither overbought nor oversold. The STOCH value of 94.75 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
DFN	73 Outperform	―	3.23	38.36%	16.15%	6.90%	109.12%
PWI	69 Neutral	C$33.65M	4.02	32.64%	10.21%	818.69%	-12.12%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
PDV	67 Neutral	C$6.62M	3.40	42.23%	7.52%	-54.61%	273.14%
RS	61 Neutral	C$106.34M	7.01	15.77%	17.81%	―	―
BNK	54 Neutral	C$22.59M	3.72	46.99%	8.54%	126.51%	10525.53%

Dividend 15 Split Corp Corporate Events

Dividend 15 Split Corp. Renews Equity Program to Enhance Market Flexibility

Dividend 15 Split Corp. has renewed its at-the-market equity program, allowing the company to issue Class A and Preferred Shares to the public at prevailing market prices through the Toronto Stock Exchange. The program, effective until October 2026, aims to raise up to $600 million, with proceeds intended to align with the company’s investment objectives and strategies. This renewal could enhance the company’s financial flexibility and market presence, potentially impacting its stakeholders positively by leveraging the strong performance of its portfolio.

Dividend 15 Split Corp. Declares Monthly Share Distributions

Dividend 15 Split Corp. has announced its monthly distribution for Class A and Preferred shares, with payouts of $0.10000 and $0.05833 respectively, scheduled for December 10, 2025. This announcement reflects the company’s ongoing commitment to delivering steady returns to its investors, with Class A shareholders having received a total of $28.60 per share and Preferred shareholders $11.70 per share since inception, highlighting its stable performance in the market.

Dividend 15 Split Corp. Announces November 2025 Distribution

Dividend 15 Split Corp. has announced its monthly distribution for November 2025, declaring $0.10000 per Class A share and $0.05833 per Preferred share. This distribution reflects the company’s ongoing commitment to providing consistent returns to its shareholders, with Class A shareholders having received a total of $28.50 per share and Preferred shareholders $11.64 per share since inception. The announcement underscores the company’s stable dividend strategy, which may appeal to investors seeking reliable income streams.

Dividend 15 Split Corp. II Declares October 2025 Dividend

Dividend 15 Split Corp. II has announced its monthly dividend distribution, declaring $0.10000 per Class A share and $0.05833 per Preferred share, payable on October 10, 2025, to shareholders on record as of September 30, 2025. This announcement underscores the company’s commitment to providing consistent returns to its investors, with Class A shareholders having received a total of $16.40 per share and Preferred shareholders $10.30 per share since inception, reflecting a stable financial strategy and strong market positioning.

Dividend 15 Split Corp. Announces October Distributions

Dividend 15 Split Corp. has announced its monthly distribution for Class A and Preferred shares, with payments scheduled for October 10, 2025. This distribution reflects the company’s ongoing commitment to providing returns to its shareholders, with Class A shareholders having received a total of $28.40 per share and Preferred shareholders $11.58 per share since inception.