Dividend Growth Split Corp T.DGS

Still rising more on Monday

[EdPaquette]

Scotiaitrade still not showing div or Ex div date. When more people see the div, they will buy. Price should run up to 6 by month end .

[SmellsofMoney]

WOW, if this were to pass $6, I might just have to sell it all!!

[EdPaquette]

Ride the winners. Selling at 6 means kicking yourself when you miss out on 7.  I'm going to collect the dividends for a few months here. 

[SmellsofMoney]

Ha, if it got to $7 indeed.  Maybe I didn't look hard enough, but from the split shares I looked at, most of the curves never really recovered after a massive spike down, including DGS. So based on that, I wouldn't expect much progress beyond here.  At least not stable. But hey, if you feel strongly for $6.50 or $7, then maybe I'll just sell half and see what happens!

[EdPaquette]

I'm wondering if stimulus money and inflation could make this recovery better than usual?

[flamingogold]

The closest example to the covid crash is as recent as 2008 when rates fell into the ditch and money printing went extreme. Post '08 financial crash DGS ran to as high as $10.50. No way we double from here but certainly another $1 is possible as the economy strengthens. This may provide enough cushion for small market hiccups and several more months, possibly years of distributions.

[SmellsofMoney]

I love the idea of more cushion for hiccups, my main concern with an increased price is when or if I can pick up more shares. I originally picked up DGS after seeing their history of like 10 yrs straight distributions, and I was ECSTATIC!  But then that same year it tanked and barely paid. After going through a bunch of cycles with DGS and DF, I ironically feel MORE comfortable with them

[SmellsofMoney]

That would be awesome if so.   I fully expect this year to POP.  America dominates the market movements, and as it pumps out the vaccinations and corrals covid, man, it's going to EXPLODE. Their infection rate is already WAY down from January.  It will be a crazy summer. Then combining it altogether with the stimulus, I actually worry further downstream what would happen