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

Dividend 15 Split Corp. (TSE:DFNGet Free Report) shares hit a new 52-week high on Tuesday . The stock traded as high as C$6.20 and last traded at C$6.20, with a volume of 38169 shares trading hands. The stock had previously closed at C$6.19.

Dividend 15 Split Stock Performance

The stock has a market cap of C$769.58 million, a P/E ratio of 5.52 and a beta of 1.73. The firm’s 50-day moving average is C$5.57 and its two-hundred day moving average is C$5.32. The company has a quick ratio of 1.75, a current ratio of 1.45 and a debt-to-equity ratio of 215.33.

Dividend 15 Split Announces Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, October 10th. Stockholders of record on Thursday, October 10th were given a $0.10 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 19.23%. The ex-dividend date of this dividend was Friday, September 27th. Dividend 15 Split’s dividend payout ratio is 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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