Dividend Growth Split Corp T.DGS

Alternate Symbol(s): T.DGS.P.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 > $6/share back in sight

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Post by flamingogoldon Apr 04, 2023 9:30am

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Post# 35378192

$6/share back in sight

Diversification to the rescue. With energy ticking up, the NAV could very well surpass the threshold for paying. Add in a 20% premium, which is very possible based on the history of this equity, and the probability of the shares touching $6 again is very doable.

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle