Dividend Growth Split Corp T.DGS

Alternate Symbol(s): DDWWF | T.DGS.PR.A

The Funds investment objectives are to provide holders of Preferred shares with fixed, cumulative, preferential, quarterly cash distributions and to return the original issue price of 10.00 per Preferred share to shareholders at maturity; and to provide holders of Class A shares with regular monthly cash distributions, targeted to be at least 0.10 per Class A share, and the opportunity for growth in Net Asset Value per Class A share. The Fund invests, on an approximately equally weighted basis, in a portfolio consisting primarily of equity securities of Canadian dividend growth companies. In addition, the Fund may hold up to 20% of the total assets of the portfolio in global dividend growth companies for diversification and improved return potential, at the Managers discretion.

TSX:DGS - Post by User

Dividend Growth Split Corp > Confidence levels on Split Corps

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Comment by EdPaquetteon Mar 11, 2021 11:56am

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Post# 32772974

RE:RE:RE:Confidence levels on Split Corps

Quadravest and Brompton shave a tiny amount off the top. It's called management expense, so they get paid according to the size, and they want it big.

SmellsofMoney wrote: Thanks for the detailed response!

So I'm interested why would Quadravest et al WANT to renew their funds with ones like DF and DGS, paying out 25-40% yields? How do they make money? Is this the reason why they never seem to fully recover after a crazy spike down?

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