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Dividend Growth Split Corp T.DGS

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

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

Post by mousermanon Mar 29, 2021 12:24pm
220 Views
Post# 32898727

DGS NAV dropping hard today

DGS NAV dropping hard todayAlong with most of the other split funds, as  there isnt a lot of green out there.
NAV for the commons would be nearer to 15$ today, as BDIV stock holdings also taking a dive.
Likely to see a selloff end of day today, as some adverse to risk will take profits and sit on cash, and maybe rebuy a  lot lower in a few days. Or they will invest in a undervalued split fund trading at a discount. 
Up 2% today , and i believe only because its ex divvy date tomorrow. Dividend pigs jumping in... and of course tomorrow the Commons will open at least 20 cents lower. So those buying at 5.69 today , wont be able to get out fast enough, to still have a profit with collecting a 10 cent distribution.
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