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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

Post by AnEducatoron Dec 14, 2023 4:39pm
269 Views
Post# 35785497

NAV December 14

NAV December 14~$15.14. Discount on capital shares: ~0.12%.

My spreadsheet is indicating a unit NAV above the payment threshold of $15.10. Unless I am off by more than $0.04, I would anticipate a positive distribution announcement some time next week.
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