In a recent article from Castanet.net, it was announced that Decisive Dividend Corporation, a Kelowna-based company, has claimed the top spot on the 2024 TSX Venture Top 50 List in the diversified industries category. This is a significant achievement for the company, which was previously ranked fourth on the list in 2023 [4d696236].
Decisive Dividend Corporation specializes in buying and selling manufacturing companies. The company's CEO, Jeff Schellenberg, expressed pride in the recognition and highlighted the company's successful year. This included acquiring four new portfolio businesses, achieving record operating results, strengthening the balance sheet, and delivering two increases in the monthly dividend.
Decisive Dividend Corporation focuses on opportunities in manufacturing and aims to be the preferred choice for exiting legacy-minded business owners while generating sustainable and growing shareholder returns [4d696236].
This news adds to the discussion on building a worry-free dividend portfolio for new investors. While the article from The Motley Fool Canada focused on established companies like Fortis and Toronto-Dominion Bank, the success of Decisive Dividend Corporation demonstrates the potential for growth and stability in the manufacturing sector. This highlights the importance of diversification across asset classes and sectors when building a dividend portfolio [676ea125], [4d696236].
Dividend 15 Split Corp. (TSE:DFN) has also made an announcement regarding its monthly dividend. The company will issue a monthly dividend of $0.10 per share on April 10th to stockholders of record on April 10th. The ex-dividend date is March 27th. Dividend 15 Split Corp. is a close-ended equity mutual fund managed by Quadravest Capital Management. It invests in public equity markets of Canada and benchmarks its performance against the S&P TSX 60 Index [211a0d11].
Life & Banc Split Corp. (TSE:LBS) has also announced a monthly dividend. The company will pay a dividend of $0.10 per share on April 12th to shareholders of record as of April 12th. The ex-dividend date is March 27th. Life & Banc Split Corp. is a closed-ended equity mutual fund that primarily invests in the stocks of Canada's six largest banks and life insurance companies [294efbe5].