Dividend Growth Split Corp T.DGS

Alternate Symbol(s): DDWWF | T.DGS.PR.A

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 growth in Net Asset Value per Class A share. The Fund invests, on an approximately equally weighted basis, in a portfolio consisting primarily of equity securities of Canadian dividend growth companies. In addition, the Fund may hold up to 20% of the total assets of the portfolio in global dividend growth companies for diversification and improved return potential, at the Managers discretion.

TSX:DGS - Post by User

Dividend Growth Split Corp

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Post by spazzmanon Aug 10, 2011 4:03pm

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Post# 18928023

Bought today

I got a stink bid filled this morning, I have confidence that the n.a.v. will hold above the $15.00 dividend threshold yielding 15+% at today's close. Plan to do the same next week and reinvest my dividends back into DGS and CGQ.e (18% and it never ever missed a distribution!). Its even worth IMHO to place stink bids for LBS, its n.a.v. is closer to the threshold but unlike FTN its assets are all Canadian.

So what are others doing? comments please!

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