Dividend 15 Split Corp. (TSE:DFN) to Issue Monthly Dividend of $0.10

Dividend 15 Split Corp. (TSE:DFN) declared a monthly dividend on Monday, April 29th, TickerTech reports. Shareholders of record on Friday, May 10th will be paid a dividend of 0.10 per share on Friday, May 10th. This represents a $1.20 dividend on an annualized basis and a yield of 22.30%. The ex-dividend date is Monday, April 29th.

Dividend 15 Split Stock Up 0.9 %

Shares of TSE DFN traded up C$0.05 during trading on Friday, reaching C$5.38. 311,272 shares of the stock were exchanged, compared to its average volume of 327,222. The business’s 50-day moving average price is C$5.36 and its 200 day moving average price is C$4.89. Dividend 15 Split has a twelve month low of C$2.94 and a twelve month high of C$7.45. The company has a quick ratio of 1.75, a current ratio of 1.45 and a debt-to-equity ratio of 215.33. The company has a market capitalization of C$633.98 million, a price-to-earnings ratio of -5.49 and a beta of 1.71.

About Dividend 15 Split

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.