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Bullboard - Stock Discussion Forum 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... see more

TSX:DGS - Post Discussion

Dividend Growth Split Corp > Distribution versus no distribution
View:
Post by Larry50 on Jul 22, 2022 7:27pm

Distribution versus no distribution

Is there a prize for being the first to announce something?  Why did participants announce DGS would 'NOT' be paying a dividend prior to Brompton announcing their decision.  Interesting to speculate and make forecasts but disturbing to spread false information as news.
Comment by oldtrustguy on Jul 22, 2022 8:04pm
I do not think anyone who posted was trying to spread false information I for one have other Brompton holding . They sent me my monthly email listing  distribution for all thier funds. DGS was not listed as paying. Since they listed the NAV on thier site a 5.09 for the commons I assumed as probably others that they were 01C short so no pay. I have not idea why they changed thier mind.
Comment by Arathoon1 on Jul 22, 2022 8:20pm
I mentioned  yesterday that it would likely give a dividend.. I mentioned that if it was hire than $15. Class A and B  oombined.. After close was $15.11    So dont listen to these morrons who have no idea.. Just Google DGS preffered and it will tell you there stock price and Look and DGS A and look at that price. Add together.. If its above $15 six working days before the end ...more  
Comment by BlueGuitar1 on Jul 22, 2022 10:37pm
This is a first for me-  I have never seen anyone spell "higher" as "hire".  Hooked on phonics works for me. 
Comment by EdPaquette on Jul 23, 2022 9:38am
Arathoon1 you're like a high school kid that has the right answer to a math problem,  but when the teacher looks at the work, you fail.  Your fluke answer is garbage.   The nav is not directly related to selling  price.  Your method of adding up the selling prices is a laugh.
Comment by Arathoon1 on Jul 23, 2022 5:21pm
All the funds have $15 threshold. If it's above they pay. Even in DGS statement after paying. They say it is above the $15 threshold. Mr know it all. You claim DGS won't pay the next few months and your going to sell. Are you a shorter that puts doubts in people's minds . Well your dead wrong about this one. It's hit bottom now all these stocks are moving higher. Have you not ...more  
Comment by Arathoon1 on Jul 24, 2022 12:32pm
EdPaquette your the fool here!!  All the funds have $15 threshold. If it's above they pay. Even in DGS statement after paying. They say it is above the $15 threshold. Mr know it all. You claim DGS won't pay the next few months and your going to sell. Are you a shorter that puts doubts in people's minds . Well your dead wrong about this one. It's hit bottom now all these ...more  
Comment by EdPaquette on Jul 24, 2022 9:59pm
If next week is positive in the market, I will indeed be the fool.  I sold all my dgs last week,  and 35% of my bk.  I believe there will be better reentry the next few days as the fed meets a d spooks the markets. 
Comment by flamingogold on Jul 25, 2022 10:43am
Ed, you bought in the $4's and sold in the $5's. No one is a fool whenever you make money in these markets.
Comment by mouserman on Jul 25, 2022 12:15pm
Apparently you cant read.... IF the UNIT NAV is 15 $ or less AFTER payment of distributions to commons , DGS commons are not paid. This month the UNIT NAV WAS $15.12 , SO DGS COMMONS GOT PAID ,  as the UNIT NAV was $15,02 after distributions to commons. Please stop calling people fools who have MORE knowledge of the split fund structure of Brompton than you.
Comment by Arathoon1 on Jul 25, 2022 12:49pm
Apparently you cant read.... IF the UNIT NAV is 15 $ or less AFTER payment of distributions to commons , DGS commons are not paid. This month the UNIT NAV WAS $15.12 , SO DGS COMMONS GOT PAID ,  as the UNIT NAV was $15,02 after distributions to commons. Please stop calling people fools who have MORE knowledge of the split fund structure of Brompton than you.  Listen here mouserman. Ive ...more  
Comment by Donwaan on Jul 25, 2022 12:58pm
Adios Arathoon1 : Ignore
Comment by flamingogold on Jul 25, 2022 2:11pm
While we may not all agree on a time to buy and sell, name calling is non-existant on this board. If you need to vent, go to a weed board but your antagonistic comments are uncalled for. On ignore you go.
Comment by cashworx22 on Jul 25, 2022 2:42pm
This post has been removed in accordance with Community Policy
Comment by Arathoon1 on Jul 26, 2022 7:28am
. So the Name calling so you and Mouserman Blame me. All started With EdPaqyette. Who says that I'm a high School Kid and my statements are garbage. Then it blew up. Go to the source who started this.
Comment by amugsgame on Jul 26, 2022 9:05am
Hey  Arathoon1 - you're getting noticed and then put on Ignore - the knowledge on this board has made me a lot of money - I respect and appreciate their opinions - your's not so much - bye 
Comment by Arathoon1 on Jul 26, 2022 11:24am
so notice that any new members who make an opinion start name calling. I'm not perfect I posted what I knew. You and a bunch of others harassed me with name calling because they didn't agree with what I said like kid from School. You are all one click. That's what I see. I have more skin in this stock I would bet then anyone of you who called me out. So no reason for me to bash the ...more  
Comment by JRand3 on Jul 26, 2022 12:42pm
This post has been removed in accordance with Community Policy
Comment by Eoj123 on Jul 25, 2022 2:39pm
Your the goof and you should stop talking as you just embarrass yourself. Another clown who dosn't understand the concept of NAV, just like @Java over on ceo.ca, is that you??  Never mind, your now on ignore
Comment by Arathoon1 on Jul 25, 2022 5:04pm
Again Mouseman.. Your track record of information is very weak considering you know everything.. Your Numbers have been wrong for ever. How Dare you  question my knowledge when you can't be sure of what your talking about.. At least the one time I commented I was correct.. Does that bother you.. i want this stock to go up as I have 19000 shares. Also encouraging holders not to get scared ...more  
Comment by EdPaquette on Jul 22, 2022 9:14pm
Agreed.  Brompton left dgs off the announcement list, and they bent their own rules adding the dividends after today's close.  I've never seen them do it before. Now we all know a new trick. I call it a squeaker. 
Comment by JohnWalker on Jul 22, 2022 11:13pm
They didn't change their minds, they flat out made a mistake! There policy says the TOTAL NAV (1 Pref share plus 1 Class A share combined) must not drop below $15 after taking into account distributions made. Total NAV after close on Friday was $5.09 + 10.08 = $15.17 making Class A distributions possible. NOTE:If this were a month wher Preference shares also get a quarterly distribution (such ...more  
Comment by flamingogold on Jul 25, 2022 9:33am
No one I read here is spreading false info. It was borderline and as of the morning of the 22nd Brompton announced distributions and DGS was not included. See here... https://www.bromptongroup.com/wp-content/uploads/2022/07/SplitsCEs_Distributions_July_22.pdf Obviously the decision came a little later and a nice surprise along with my special distribution for SRV. 
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