Dividend 15 Split (TSE:DFN) Share Price Passes Above Fifty Day Moving Average of $7.25

Dividend 15 Split Corp. (TSE:DFNGet Rating)’s share price passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$7.25 and traded as high as C$7.58. Dividend 15 Split shares last traded at C$7.52, with a volume of 223,970 shares.

Dividend 15 Split Stock Up 0.4 %

The company has a debt-to-equity ratio of 131.30, a current ratio of 1.75 and a quick ratio of 1.75. The business has a 50 day moving average price of C$7.25 and a 200 day moving average price of C$7.66. The firm has a market capitalization of C$744.62 million and a P/E ratio of 6.65.

Dividend 15 Split Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, September 9th. Stockholders of record on Friday, September 9th were paid a $0.10 dividend. The ex-dividend date of this dividend was Tuesday, August 30th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 15.96%. Dividend 15 Split’s payout ratio is presently 106.19%.

About Dividend 15 Split

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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.

Further Reading

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