Dividend 15 Split (TSE:DFN) Share Price Passes Above Fifty Day Moving Average – What’s Next?

Dividend 15 Split Corp. (TSE:DFN)’s share price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$5.68 and traded as high as C$6.38. Dividend 15 Split shares last traded at C$6.35, with a volume of 380,530 shares.

Dividend 15 Split Price Performance

The company has a current ratio of 1.45, a quick ratio of 1.75 and a debt-to-equity ratio of 215.33. The business has a 50-day moving average price of C$5.73 and a two-hundred day moving average price of C$5.36. The firm has a market capitalization of C$785.61 million, a price-to-earnings ratio of 5.64 and a beta of 1.73.

Dividend 15 Split Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, October 10th. Investors of record on Thursday, October 10th were issued a $0.10 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 18.84%. The ex-dividend date of this dividend was Friday, September 27th. Dividend 15 Split’s dividend payout ratio (DPR) is 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.