TSX · Asset Management · CAD

Dividend 15 Split Corp. (DFN.TO) Stock Analysis

Dividend 15 Split Corp. (DFN.TO) is a Asset Management stock listed on TSX and quoted in Canadian Dollar.

Last Updated: October 21, 2026

DFN.TO

CA$8.69

+CA$0.14 (+1.64%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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DFN.TO Key Statistics

As of Oct 21, 2026

Trading

Open: CA$8.55
Previous Close: CA$8.55
Day's Range: 8.55–8.69
52-Week Range: 6.43–9.67
Volume: 320.41K
Beta: 1.14

Valuation

Market Cap: CA$1.40B
P/E Ratio: 2.23
P/S ratio: 2.00
EPS (ttm): 3.90

Financials (FY)

Revenue (FY): CA$343.74M−26.86%
Net Income (FY): CA$340.20M−27.10%
Profit margin: 82.96%
Shares Outstanding: 160.70M
1-Year Return: +42.72%

Dividend and dates

Dividend: CA$1.20+14.04%
Ex-Dividend Date: October 30, 2026
Avg Volume: 530.52K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, DFN.TO closed at CA$8.69, +42.72% over 1 year.

Dividend 15 Split Corp. (DFN.TO) has a market capitalization of CA$1.40B.

In fiscal 2025, DFN.TO reported revenue of CA$343.74M.

DFN.TO Stock Return by Calendar Year

Dividend 15 Split Corp. (DFN.TO) 10-year return: what CA$10,000 became

1 year: CA$10,000 CA$14,272; +42.72%
5 years: CA$10,000 CA$23,058; +130.58%
10 years: CA$10,000 CA$32,884; +228.84%

If you had invested CA$10,000 in Dividend 15 Split Corp. (DFN.TO) 10 years ago, at the close on October 21, 2016, it would have been worth CA$32,884 at the close on October 21, 2026: +228.84% in total, +12.64% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

−19.98%+46.96%+26.72%

2016*2017201820192020202120222023202420252026*

Year	Return
2026 (partial year)	+26.72%
2025	+46.96%
2024	+38.64%
2023	−19.98%
2022	+9.39%
2021	+37.70%
2020	−11.45%
2019	+27.38%
2018	−19.31%
2017	+12.49%
2016 (partial year)	+8.29%

As of October 21, 2026.

DFN.TO Revenue and Earnings by Fiscal Year

FY ends November

RevenueNet income

2022202320242025

Fiscal year	Revenue	Net income	Net margin
2025	CA$343.74M	CA$340.20M	99.0%
2024	CA$470.01M	CA$466.64M	99.3%
2023	−CA$35.25M	−CA$38.46M	109.1%
2022	CA$63.03M	CA$58.87M	93.4%

Fiscal year	Revenue	Gross profit	Operating income	Net income	Net margin
2025	CA$343.74M	—	—	CA$340.20M	99.0%
2024	CA$470.01M	—	—	CA$466.64M	99.3%
2023	−CA$35.25M	—	—	−CA$38.46M	109.1%
2022	CA$63.03M	—	—	CA$58.87M	93.4%

Annual figures as reported, in the company's reporting currency. As of November 30, 2025.

DFN.TO Dividend History

’16’17’18’19’20’21’22’23’24’25’26*

CA$1.20+9.1% vs 2024

Dividends per share, 2025 · 12 payments

Year	Dividends per share	Payments	Change
2026*	CA$0.80	8	—
2025	CA$1.20	12	+9.1%
2024	CA$1.10	11	+37.5%
2023	CA$0.80	8	−33.3%

Year	Dividends per share	Payments	Change
2026 (partial year)	CA$0.80	8	—
2025	CA$1.20	12	+9.1%
2024	CA$1.10	11	+37.5%
2023	CA$0.80	8	−33.3%
2022	CA$1.20	12	+0.0%
2021	CA$1.20	12	+50.0%
2020	CA$0.80	8	−33.3%
2019	CA$1.20	12	+0.0%
2018	CA$1.20	12	+0.0%
2017	CA$1.20	12	+300.0%
2016	CA$0.30	3	—

Most recent payment: CA$0.10 per share, ex-dividend August 31, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

DFN.TO Valuation vs Asset Management Median

Median of 512 stocks

Metric	DFN.TO	Asset Management median	vs median
P/E	2.23	9.44	0.2x the median
P/S ratio	2.00	8.59	0.2x the median
Profit margin	82.96%	74.97%	8.0 pts above

Medians across 512 Asset Management stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Analysis

Data-derived

Company Overview

Dividend 15 Split Corp. (DFN.TO) is capitalised at CA$1.40B on the latest close. The company sits in the Financial Services sector, in the Asset Management industry.

The 52-week range on file runs from CA$6.43 to CA$9.67. The most recent close on file for DFN.TO is CA$8.69, dated October 21, 2026. That is +CA$0.14 (+1.64%) against the previous close. The latest close sits 35.15% above that 52-week low.

Financial Health

In fiscal 2025, Dividend 15 Split Corp. reported revenue of CA$343.74M. That is −26.86% against the prior fiscal year, when revenue was CA$470.01M. The same year closed with net income of CA$340.20M. That is −27.10% against the prior fiscal year. The reported profit margin is 82.96%. That is 8 percentage points above the Asset Management median of 74.97%. Earnings per share on a trailing basis come to 3.9.

Across the 4 fiscal years on file, revenue moves from CA$63.03M in 2022 to CA$343.74M in 2025. Of those 4 years, 3 report positive net income.

Valuation Assessment

DFN.TO trades at a trailing price-to-earnings ratio of 2.23. That is 0.2 times the Asset Management median of 9.44. The price-to-sales ratio is 2. On price-to-sales that is 0.2 times the Asset Management median of 8.59. 512 Asset Management companies report these metrics, and the medians quoted come from that group.

Over the trailing twelve months the total return is +42.72%. Measured over 10 years, that is +12.64% a year compounded. The reported beta is 1.14. Annualized volatility over the trailing 10 years is 30.67%.

Growth & Income

The trailing dividend yield is 14.04%. That is 5.1 percentage points above the Asset Management median yield of 8.91%. At the indicated rate that is CA$1.20 a share a year. The ex-dividend date on file is October 30, 2026. Dividends are recorded for 11 calendar years; 2026 shows 8 payments totalling CA$0.80 a share. The year before, 2025, totalled CA$1.20 a share.

The strongest complete calendar year on file is 2025 at +46.96%; the weakest is 2023 at −19.98%. Of the 9 complete calendar years on file, 6 finished higher. So far in 2026 the total return is +26.72%.

Peer Comparison

Dividend 15 Split Corp. (DFN.TO) operates in the Asset Management industry. Here is how it compares to its closest peers by market capitalization:

Company	Ticker	Market Cap	P/E Ratio
Dividend 15 Split Corp.	DFN.TO	CA$1.40B	2.2
BlackRock, Inc.	BLK	$184.31B	25.8
Blackstone Inc.	BX	$127.43B	23.9
Brookfield Corporation	BN	$83.74B	69.5

Market caps are shown in each company's own trading currency, without conversion, and the peers are listed in order of these unconverted figures.

The Asset Management industry average P/E ratio is 9.4x. Dividend 15 Split Corp. trades at a P/E of 2.2.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About Dividend 15 Split Corp.

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. Dividend 15 Split Corp. was formed on January 9, 2004 and is domiciled in Canada.

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