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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

Dividend Growth Split Corp > DRIP or dip?
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Comment by flamingogoldon Jun 24, 2021 10:56am
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Post# 33441238

RE:DRIP or dip?

RE:DRIP or dip?Drip if you are not an active trader. Dip to buy other equities on sale or if you need the cash. While it's impossible to time a market, for that reason I always dip to pad available cash on hand to buy equities when they dip.

ehud42 wrote: Whats the consensus on re-investing dividends that splits pay out. BMO offers to let me DRIP the dividend. But to date, I've been using these dividend paying funds to create cash that I use to pick up other stocks when I think they are dipping.

I guess this is another form of timing vs time in market type question.

At $7.30 and climbing (got in just under $5), I'm thinking I'll continue to keep the dividend as cash for what seems like an inevitable rainy day. Is that the better strategy - or am I just fooling myself?


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