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Dividend 15 Split II (Dividend 15 Split II) Net Income : $7.12 Mil (TTM As of Nov. 2022)


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What is Dividend 15 Split II Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Dividend 15 Split II's Net Income for the six months ended in Nov. 2022 was $-8.84 Mil. Its Net Income for the trailing twelve months (TTM) ended in Nov. 2022 was $7.12 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Dividend 15 Split II's Earnings per Share (Diluted) for the six months ended in Nov. 2022 was $-0.49.


Dividend 15 Split II Net Income Historical Data

The historical data trend for Dividend 15 Split II's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Dividend 15 Split II Net Income Chart

Dividend 15 Split II Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.34 -11.64 34.86 6.41 -5.96

Dividend 15 Split II Semi-Annual Data
Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 Nov23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.39 8.43 15.96 -8.84 -

Dividend 15 Split II Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Dividend 15 Split II's Net Income for the fiscal year that ended in Nov. 2023 is calculated as

Net Income(A: Nov. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-5.961+0+0+0
=-5.96

Dividend 15 Split II's Net Income for the quarter that ended in Nov. 2022 is calculated as

Net Income(Q: Nov. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-8.844+0+0+0
=-8.84

Net Income for the trailing twelve months (TTM) ended in Nov. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was $7.12 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Dividend 15 Split II  (OTCPK:DVDDF) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Dividend 15 Split II's Earnings per Share (Diluted) (EPS) for the quarter that ended in Nov. 2022 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Dividend 15 Split II Net Income Related Terms

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Dividend 15 Split II (Dividend 15 Split II) Business Description

Traded in Other Exchanges
Address
200 Front Street West, Suite 2510, P.O Box 51, Toronto, ON, CAN, M5V 3K2
Dividend 15 Split Corp II is a Canadian-based mutual fund corporation. The company invests in an actively managed portfolio of common shares comprised of large-capitalization dividend-yielding Canadian companies. Its investment objective for preferred shareholders is to provide fixed, cumulative, preferential quarterly cash distributions and to return the original issue price at maturity, and for class A shares holders are to provide monthly cash distributions and the opportunity for growth in Net Asset Value per share.

Dividend 15 Split II (Dividend 15 Split II) Headlines

From GuruFocus

Dividend 15 Split Corp. II Financial Results to November 30, 2022

By GlobeNewswire GlobeNewswire 02-24-2023

DIVIDEND 15 SPLIT CORP. II Financial Results to May 31, 2021

By GlobeNewswire GlobeNewswire 07-24-2021