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Dividend 15 Split (TSX:DFN.PR.A.PFD) Net Cash per Share : C$0.00 (As of Nov. 2023)


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What is Dividend 15 Split Net Cash per Share?

Net Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents plus Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Dividend 15 Split's Net Cash per Share for the quarter that ended in Nov. 2023 was C$0.00.

The historical rank and industry rank for Dividend 15 Split's Net Cash per Share or its related term are showing as below:

TSX:DFN.PR.A.PFD's Price-to-Net-Cash is not ranked *
in the Asset Management industry.
Industry Median: 6.81
* Ranked among companies with meaningful Price-to-Net-Cash only.

Dividend 15 Split Net Cash per Share Historical Data

The historical data trend for Dividend 15 Split's Net Cash per Share 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 Net Cash per Share Chart

Dividend 15 Split Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Net Cash per Share
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Dividend 15 Split Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Net Cash per Share 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 - - - - -

Competitive Comparison of Dividend 15 Split's Net Cash per Share

For the Asset Management subindustry, Dividend 15 Split's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dividend 15 Split's Price-to-Net-Cash Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Dividend 15 Split's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Dividend 15 Split's Price-to-Net-Cash falls into.



Dividend 15 Split Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Dividend 15 Split's Net Cash per Share for the fiscal year that ended in Nov. 2023 is calculated as

Dividend 15 Split's Net Cash per Share for the quarter that ended in Nov. 2023 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.


Dividend 15 Split  (TSX:DFN.PR.A.PFD) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Dividend 15 Split Net Cash per Share Related Terms

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Dividend 15 Split (TSX:DFN.PR.A.PFD) Business Description

Traded in Other Exchanges
Address
200 Front Street West, Suite 2510, Toronto, ON, CAN, M5V 3K2
Dividend 15 Split Corp is a Canadian mutual fund corporation. It aims to pay monthly cash dividends. The company invests in a portfolio of dividend-yielding, high-quality Canadian companies. It offers two types of shares i.e. class A shares and preferred shares. The company's investment objectives are to provide holders of preferred shares with fixed cumulative preferential monthly cash dividends as well as to provide holders of Class A shares with regular monthly cash distribution.

Dividend 15 Split (TSX:DFN.PR.A.PFD) Headlines

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