Bullboard - Stock Discussion Forum Dividend Growth Split Corp T.DGS

Alternate Symbol(s): T.DGS.P.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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TSX:DGS - Post Discussion

Dividend Growth Split Corp > Average cost base reduced

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Post by flamingogold on Apr 29, 2024 3:00pm

Average cost base reduced

With tax season coming to an end, TD adjusted my ACB down below $1.50 now given last year's ROC component. I own this one inside a TFSA so no tax implications. With the 5 payouts this year the distribution rate comes to 33% so far and will only go higher with any further declarations. Sometimes buy and hold does pan out. I don't see myself ever selling this one.

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Comment by marketsense on Apr 29, 2024 6:46pm

I think DGS is very interesting right now. I agree that so far this year they have not missed a payment and if nothing else changes, there's a good chance they will continue to pay out for the rest of the year. Interest rates are being kept here for longer but the economy has adjusted and most companies are coping quite well. What seems more unstable is investor ...more

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Dividend Growth Split Corp