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Dividend 15 Split II (TSX:DF) Altman Z-Score


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What is Dividend 15 Split II Altman Z-Score?

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Altman Z-Score does not apply to banks and insurance companies.

Dividend 15 Split II (TSX:DF) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Dividend 15 Split Corp II (TSX:DF) » Definitions » Altman Z-Score
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TSX:RCG TSX:GDV TSX:FAP NEOE:ETHC TSX:RS TSX:MID.UN TSX:STCK TSX:BGI.UN TSX:RBN.UN TSXV:LPC BLK BX KKR OSTO:INVE A TSX:BN APO BK AMP XSWX:PGHN OSTO:EQT
Traded in Other Exchanges
DF.PR.A.PFD:Canada
Address
200 Front Street West, Suite 2510, P.O Box 51, Toronto, ON, CAN, M5V 3K2
Website
https://www.quadravest.com
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.