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 > So record date is Dec 28 for Class A shares dividend?

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Comment by flamingogoldon Dec 23, 2022 11:07am

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RE:RE:RE:RE:So record date is Dec 28 for Class A shares dividend?

Ed, that depends on how good someone is at timing a market. I can tell you that I wouldn't want to set my watch by it.... lol. DGS paid 10 distributions this year, LCS only 4. Diversification always wins long term.

EdPaquette wrote: Dgs was bouncing above and below 15, so it's paying because of the date picked to decide. With Stat holidays, they had to give enough notice to brokers. BTW, after dividends are paid, I expect nav for LCS will be higher than for DGS. Yet you can buy LCS $1.50 cheaper. Is that worth it for a dime of dividends?

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