Split Corporation
Class A share & preferred share data · Live TSX data, updated daily
Class A (RS) price
$8.61
$-0.10 today
Class A Yield
18.12%
Preferred Yield
5.64%
NAV / Unit
—
Downside Protection
—
Dividend Coverage
—
Maturity Date
—
The fund issues two classes. Class A (RS) pays a higher, variable monthly dividend and floats with the portfolio. Preferred shares rank ahead of Class A and give up upside for stability.
| Metric | Class A (RS) | RS.PR.A |
|---|---|---|
| Price | $8.61 | $10.29 |
| Current Yield | 18.12% | 5.64% |
| Dividend | Variable monthly | $0.1450 |
| 52-Week Range | $8.50–$10.80 | $10.06–$10.64 |
| Priority | Juniors — paid after preferreds | Senior — paid first, cumulative |
| Detail page | n/a (fund quote) | — |
RS is a split corporation: a closed-end fund that splits a portfolio of dividend-paying stocks into two classes of shares with different risk-return profiles. Preferred shares — RS.PR.A — receive a prioritized, cumulative monthly dividend; Class A shareholders give up that priority in exchange for a much higher yield.
RS is a Canadian split corporation managed by its manager. It holds a portfolio of dividend-paying stocks and issues two classes of shares: Class A shares (higher yield, more risk) and preferred shares (prioritized, more stable dividends).
RS is the Class A share — the equity class of the fund, with a higher (and variable) yield. RS.PR.A is the preferred share class, which receives a prioritized cumulative dividend and ranks ahead of Class A. Downside protection exists based on the preferred shares' coverage.