Market dataIncome framework read
Split-Share / Structure-SensitiveTSXCanada

DF.TO

Dividend 15 Split Corp. II

Multi-Sector (ETF / Fund)Split-share structureMonthly

Market Snapshot

$8.92

+$0.04 (45.05%)

Toronto

Yield

13.45%

Rate $1.20

Next Payment

Next pay in 17 days

Ex-date 2026-06-30

52wk Position

99.64%

-0.11% below high

Updated just now

Income Intelligence Summary

Deterministic interpretation from Prospyr's income framework and available market data.

Framework readout
1

Income reliability

Derived from payout history

Payout depends on structure rules

DF.TO is structure-sensitive. The payout may look regular, but coverage tests and distribution conditions matter more than cadence alone.

2

DRIP defense

Editorial framework

Defended at the default 100-share test

DF.TO prints 1.12 shares per payment at default inputs. The defended price ceiling is $10.00.

3

Main watch item

Editorial framework

Structure coverage comes first

DF.TO is structure-sensitive, so the main check is whether the split-share rules, asset coverage, and distribution conditions support the visible payout.

Decision Area

Distribution and DRIP Defense

Payout history, default DRIP coverage, and price creep pressure using market data where available.

Distribution Chart

Last 12 payments

Confirmed Expected

Coverage Ratio Test

DRIP defense check

Defended
Cash
$10.00
APR
1.121
Coverage
1.121

Defended baseline. Healthy DRIP rung with comfortable margin.

Price Creep

Defended price ceiling

Max defended
$10.00
Cushion
$1.08
Cushion %
12.11%
Current $8.92Break $10.00

Smart Recommendation

DF.TO is inside the defended DRIP zone at these inputs; monitor price creep before adding new capital.

Research Signals

Payout sustainability

Moderate

1mo ago

DRIP availability

Plan-only

1mo ago

Tax character

Mixed

1mo ago

Distribution history

5–10 yr track

1mo ago

Structure complexity

Complex

1mo ago

Income trend

Variable

1mo ago

Account suitability

Non-reg: caution

1mo ago

Structure Overview

Dividend 15 Corp. (DF) is the capital share class of Dividend 15 Split Corp. (related to DFN.TO). It provides leveraged upside and income exposure to the same 15-stock underlying portfolio. Capital shares receive residual distributions after preferred shareholders are paid and bear the full NAV volatility of the underlying portfolio.

Canadian Planning Notes

  • 1DF capital shares are more volatile than DFN preferred shares; the leveraged structure means both distributions and NAV can swing significantly with the underlying portfolio.
  • 2Stress-test the asset coverage ratio at a 20–30% market decline before planning income from DF capital shares.
  • 3Non-registered tax character varies by year; confirm T5 details with the fund administrator.

Market Facts

Market Data

A factual market, distribution, valuation, and financial snapshot for this holding.

Market Data

Market data

Updated facts where available

Price

$8.92

Previous close

$8.88

Day range

$8.82 - $8.93

52wk range

$6.13 - $8.93

Market cap

232.1M

Volume

54.8K

Avg volume

80.4K

Exchange

Toronto

Dividend and distribution

Forward rate

$1.20

Trailing rate

$1.20

Forward yield

13.45%

Trailing yield

0.00%

Per payment

$0.10

Cadence

Monthly

Next ex-date

Jun 30, 2026

Next pay

Jul 10, 2026

Last dividend

$0.10

Last dividend date

May 29, 2026

Performance

Daily change

$0.04

Daily change %

45.05%

52wk position

99.64%

Below 52wk high

-0.11%

Above 52wk low

45.51%

Open

$8.84

Earnings and financials

Trailing EPS

2.04

Forward EPS

N/A

Revenue

N/A

Revenue growth

N/A

Profit margin

0.00%

Operating margin

0.00%

Payout ratio

N/A

Free cash flow

N/A

Total cash

N/A

ROE

N/A

ROA

N/A

Debt/equity

N/A

Beta

N/A

Valuation

Trailing P/E

4.37

Forward P/E

N/A

Price/sales

N/A

Price/book

N/A

Enterprise value

N/A

EV/EBITDA

N/A

Analyst facts

Target mean

N/A

Target high

N/A

Target low

N/A

Recommendation mean

N/A

Recommendation key

none

Analysts

N/A

Canadian Context

Account placement

TFSA

Mixed-character distributions are usually easiest to handle in a TFSA because annual tax reporting is avoided.

RRSP: Also shelters distribution complexity.

Non-registered: Review T3 or issuer tax breakdown before using a taxable account.

Eligible dividend tax credit

Total credit
$345.27
Effective rate
34.53%

Broker DRIP status

Questrade

Available

Wealthsimple

Available

RBC Direct Investing

Available

TD Direct Investing

Available

Run Your Numbers

Carry this holding into a calculator

Use a planning tool that matches this holding's structure, payout timing, and income use case.

Test DRIP durabilityTest DRIP durability

Compare With Peers

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This profile is informational only and does not constitute licensed financial advice. Signal values, planning notes, market data, and structure summaries may not reflect the most current issuer disclosures. Always verify current payout policy, ex-dividend dates, financial statements, and issuer communications before making any investment decision.