Dividend 15 Split (TSE:DFN) Hits New 12-Month High – Should You Buy?

Dividend 15 Split Corp. (TSE:DFNGet Free Report)’s share price reached a new 52-week high on Wednesday . The stock traded as high as C$5.99 and last traded at C$5.98, with a volume of 23352 shares traded. The stock had previously closed at C$5.95.

Dividend 15 Split Trading Up 0.3 %

The firm has a market capitalization of C$751.08 million, a PE ratio of 5.39 and a beta of 1.73. The firm’s fifty day moving average is C$5.46 and its two-hundred day moving average is C$5.30. The company has a debt-to-equity ratio of 215.33, a current ratio of 1.45 and a quick ratio of 1.75.

Dividend 15 Split Announces Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, October 10th. Investors of record on Thursday, October 10th were issued a dividend of $0.10 per share. This represents a $1.20 annualized dividend and a yield of 19.70%. The ex-dividend date of this dividend was Friday, September 27th. Dividend 15 Split’s dividend payout ratio (DPR) is presently 106.19%.

Dividend 15 Split Company Profile

(Get Free Report)

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.

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