Dividend 15 Split (TSE:DFN) Stock Crosses Above Fifty Day Moving Average of $5.32

Dividend 15 Split Corp. (TSE:DFN) shares crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$5.32 and traded as high as C$5.55. Dividend 15 Split shares last traded at C$5.52, with a volume of 366,870 shares.

Dividend 15 Split Stock Performance

The company has a debt-to-equity ratio of 215.33, a current ratio of 1.45 and a quick ratio of 1.75. The company’s 50-day moving average price is C$5.32 and its two-hundred day moving average price is C$4.79. The company has a market capitalization of C$650.48 million, a price-to-earnings ratio of -5.63 and a beta of 1.70.

Dividend 15 Split Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, April 10th. Stockholders of record on Wednesday, April 10th were given a dividend of $0.10 per share. This represents a $1.20 annualized dividend and a dividend yield of 21.74%. The ex-dividend date of this dividend was Wednesday, March 27th. Dividend 15 Split’s dividend payout ratio (DPR) is presently -122.45%.

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.