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.

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Dividend Growth Split Corp > Beware of overnight offerings

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Comment by JohnWalkeron Mar 29, 2021 10:43pm

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Post# 32903952

RE:RE:RE:Beware of overnight offerings

flamingogold wrote: Anything is possible but doing an overnight offering on the first distribution after 13 months would scream greed. I would hope they do it at a higher valuation and with the distribution more stable.

LBS had only two distributions (after restarting) under it's belt before Brompton did an overnight offering on Jan 19th 2021.

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