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 > Realtime UNIT NAV for DGS @ approx: $ 15.30

<< Previous

Bullboard Posts

Next >>

Comment by flamingogoldon Oct 05, 2022 4:33pm

217 Views

Post# 35007760

RE:RE:RE:Realtime UNIT NAV for DGS @ approx: $ 15.30

Scotiabank has a brilliant marketing team behind them with "You're richer than you think" slogan.

Rates have been declining for 40 years and bottomed during covid. Now, the truth behind that slogan will be unveilved over the next decade as real estate begins a lengthy correction and falls in value but the debt remains the same and gets harder to pay off.

The rich own equity, the poor own debt. The higher rates go, the greater the wealth divide.

mouserman wrote: Yes , sorry i should have been more clear. I meant the lower income class. They are the ones that will suffer the most from the inflation we are seeing, combined with paying higher interest on debt.

navgod wrote:

mouserman wrote: SO more nice gains for DGS and appears shorting here may be a dangerous play.
Yesterday was not a deadcat bounce, and perhaps the markets are ignoring an impending recession, with more interest ratehikes on the table, putting more pressure on the lower class consumers.
GOLD had a big bounce along with most commodities , so that part of the market rebounding along with financials and tech.
Overall today DGS up over 2.2% in UNIT NAV so far.

I am assuming you mean "lower income" or perhaps "working class".