Dividend 15 Split (TSE:DFN) Stock Price Crosses Above 50 Day Moving Average – Here’s Why

Dividend 15 Split Corp. (TSE:DFN)’s stock 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 Stock Down 0.5 %

The firm’s fifty day moving average price is C$5.68 and its 200-day moving average price is C$5.35. The company has a market capitalization of C$783.15 million, a price-to-earnings ratio of 5.62 and a beta of 1.73. 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 Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Thursday, October 10th. Stockholders of record on Thursday, October 10th were issued a dividend of $0.10 per share. The ex-dividend date was Friday, September 27th. This represents a $1.20 annualized dividend and a dividend yield of 18.90%. Dividend 15 Split’s dividend payout ratio (DPR) is presently 106.19%.

About Dividend 15 Split

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.