Showing 1 to 15 of 28 entries
DON'T BUY
Simpler portfolio with better growth if you own the individual stocks, where you get both the dividend and capital appreciation. With this one, you're playing dividend vs. capital appreciation.
investment companies / funds
COMMENT
make
investment companies / funds
WEAK BUY
These companies are hybrids created by the big brokerages and owned by banks like Woody Gundy. They enhance yield by splitting off the growth portion of a stock from the yield-paying portion. Usually, this works, but you're giving up growth opportunities. Fees are involved, though. He doesn't own these derivatives. Not a bad idea for a retail investor looking to increase income.
investment companies / funds
DON'T BUY
You get a magnification of performance both on the upside and the downside. So much easier to just buy the individual holdings, collect the dividend, get the capital appreciation, and not pay a fee. Why buy this manufactured security when you can buy the real thing? Doesn't trade well, and you're locked in.
investment companies / funds
DON'T BUY
It is a split share financial corp. It has a big distribution. There was volatility in three periods from 2011. You have to be mindful of the volatility. There is some leverage involved and downside risk in times of market volatility. He would avoid this at the moment.
investment companies / funds
DON'T BUY
It is a strip corp. where they strip out the dividend. You will see price shocks on this one. It is highly leveraged. He does not like it. There is a lot of risk here.
investment companies / funds
DON'T BUY
Yield of the ETF is higher than the components of the underlying stocks. They split the stock into preferred and equity. They sell options out of the equity version. A lot of investors don't know that there is leveraging that can hurt the price, and a high yield comes with risk.
investment companies / funds
DON'T BUY

He is not bullish on Canada and would not play dividends through this one.

investment companies / funds
COMMENT

They take a basket and they make a common shareholder that they give double dividend by leveraging and a preferred shareholder that they pay 5-5.5%. Sounds great but the basket of stocks has to go up significantly in a rapid way if not you lose money. This is the opposite to buy and hold.

investment companies / funds
DON'T BUY

The credit rating is lower on these splits than on dividend shares. Don't waste your time. Buy individual preferred shares.

investment companies / funds
DON'T BUY

They take bank stocks, or insurance and in some case energy companies, and then they split it internally into preferred shares or common shares, and then they write covered calls on the common shares. They are getting yields around 13-14%. That brings up the question: How is that possible? He’s been doing coverage calls for 30 years, if he get 10% or 12% he is very pleased, but you’re never going to do that consistently. What they’ve got is a very very good yield but if you take a look at the volatility, and there's a lot of volatility, in 2016 the market was down 15% and this stock was down 60%. In 2007-2008, the market was down 60% and this was down 80%. It’s a yield play. Never trust the yield. You have to look behind and see what’s going on there and what’s creating the yield. He wouldn’t touch this.

investment companies / funds
DON'T BUY

Doesn’t like this and never has. They take bank shares and divide them up, so you have some that are newer issues, the preferreds, and they split off the equity portion. Then they write Calls on the equity portion. You are basically getting the yield from the preferred and the yield from the equity portion, which is in fact leveraged. You have to ask, if something is paying 6%, 7%, 8%, and the highest paying dividend on this is only 4%, where is it coming from? If you compare this against ZWB-T or ZEB-T, they far outperformed this. You’re getting a decent dividend, but you are not getting any performance.

investment companies / funds
COMMENT

Banks, insurance companies, pipelines – all the big dividend payers. He does not mind owning any of these things. It is diversified among a couple of sectors. He has no strong opinion either way. Not a bad buy below $11.

investment companies / funds
COMMENT

A closed end fund. They buy financials, and then issue a split share to the purchasers, one part preferred and the other equity. Whenever he looks at something offers a 10%-11% yield, and none of the components stocks are paying that, that raises a question. If he were selling Covered Calls, he would expect to get 10%-11% if he were selling the Calls against a whole basket of stocks that he had purchased. On this, that only happens sometimes, not all the time. There is some leverage going on here. Never trust yield.

investment companies / funds
COMMENT

This really depends on the underlying basket. They come to the market and usually strip out the common shares versus preferred shares. They take the capital from the preferreds, concentrate it and lever it up on the underlying common stock. As a result, you have a much bigger dividend, but you need to have the stocks working for you. If they don’t, you can get twice the risk, and there is usually an expiry of 5-10 years and you can be in a situation of a capital loss.

investment companies / funds
Showing 1 to 15 of 28 entries

Dividend 15 Split Corp.(DFN-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 3

Stockchase rating for Dividend 15 Split Corp. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Dividend 15 Split Corp.(DFN-T) Frequently Asked Questions

What is Dividend 15 Split Corp. stock symbol?

Dividend 15 Split Corp. is a Canadian stock, trading under the symbol DFN-T on the Toronto Stock Exchange (DFN-CT). It is usually referred to as TSX:DFN or DFN-T

Is Dividend 15 Split Corp. a buy or a sell?

In the last year, 3 stock analysts published opinions about DFN-T. 1 analyst recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Dividend 15 Split Corp..

Is Dividend 15 Split Corp. a good investment or a top pick?

Dividend 15 Split Corp. was recommended as a Top Pick by on . Read the latest stock experts ratings for Dividend 15 Split Corp..

Why is Dividend 15 Split Corp. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Dividend 15 Split Corp. worth watching?

3 stock analysts on Stockchase covered Dividend 15 Split Corp. In the last year. It is a trending stock that is worth watching.

What is Dividend 15 Split Corp. stock price?

On 2022-10-04, Dividend 15 Split Corp. (DFN-T) stock closed at a price of $7.21.