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

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Dividend Growth Split Corp > Might payout even if NAV tmr is just under $15.10

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Post by flamingogold on Jul 20, 2023 6:30pm

Might payout even if NAV tmr is just under $15.10

If tomorrow morning's NAV happens to fall a hair under $15.10, Brompton may wait to see how the trading day goes, and if it's positive, they could include it in the NAV to get over the threshold to pay. Beyond tomorrow I don't believe they will wait further.

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Comment by JohnWalker on Jul 20, 2023 9:26pm

"Beyond tomorrow I don't believe they will wait further." I don't think they CAN wait beyond tomorrow. Isn't there a requirement that they must announce distributions no later than a week before Ex-Div ( ?Record? ) Date?

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Dividend Growth Split Corp