Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 > DGS unit NAV to Oct 07 = approx: $14.87
View:
Post by mouserman on Oct 08, 2022 10:44am

DGS unit NAV to Oct 07 = approx: $14.87

Spreadsheet now has DGS losing 12 cents on friday, so now commons have a value of $ 4.87 and it does not look real good for a distribution for the month of October.
DGS will be paying to preferreds in December.
Comment by EdPaquette on Oct 08, 2022 1:25pm
My stink bid is ready at 4.49 
Comment by flamingogold on Oct 10, 2022 8:56am
Ed, that would be the lows of this year and since indices are trading even lower than their June low, it's possible we overshoot the DGS low if we get a waterfall selloff. However, if you are easing in, it's a good entry point so reserve some cash for lower levels if it occurs. Good luck. I am holding my DGS, still happy with the covid lows entry I got. I am looking at DFN now and waiting ...more  
Comment by mouserman on Oct 11, 2022 9:54am
Not much chance of DGS making a distribution this month , as today the selling has resumed across the board. DFN is still trading at a crazy high premium as it approaches the region below 15$ UNIT NAV. I suspect that DFN commons may even miss for OCTOBER if the negative tone for equities continues down. I note that Quadravest has been keeping a big % of cash in many of the split funds...DFN is at ...more  
Comment by flamingogold on Oct 11, 2022 11:58am
A big cash pile means they are waiting for a washout... many in fact are. The sentiment has turned extremely negative. Top leaders, like Jamie Diamon and Paul Tudor Jones are banging the drum on recession and up to another 20% drop from here. The list of bears grows by the day. The VIX was a point shy of 34 today before reversing. This Thursday's CPI will be the second pivotal moment on where ...more  
Comment by RusticHit on Oct 11, 2022 12:19pm
Looks like Lbs idiots are out of cash now spent all taking a big beating today 
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities