Dividend 15 Split (TSE:DFN) Reaches New 12-Month High – Time to Buy?

Shares of Dividend 15 Split Corp. (TSE:DFN) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$5.99 and last traded at C$5.98, with a volume of 23352 shares trading hands. The stock had previously closed at C$5.95.

Dividend 15 Split Trading Up 0.5 %

The company has a debt-to-equity ratio of 215.33, a current ratio of 1.45 and a quick ratio of 1.75. The firm’s 50 day moving average price is C$5.43 and its 200 day moving average price is C$5.30. The stock has a market capitalization of C$737.51 million, a P/E ratio of 5.27 and a beta of 1.73.

Dividend 15 Split Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, October 10th. Shareholders of record on Thursday, October 10th will be issued a $0.10 dividend. This represents a $1.20 annualized dividend and a yield of 20.07%. The ex-dividend date is Friday, September 27th. Dividend 15 Split’s dividend payout ratio (DPR) is currently 106.19%.

Dividend 15 Split Company Profile

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.