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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

Bullboard Posts
Comment by spazzmanon Dec 14, 2011 7:14pm
334 Views
Post# 19323406

RE: NAV less than $15.00

RE: NAV less than $15.00 Yes, the dividend cut-off occurs when the n.a.v. of DGS dips below $15.00. The current n.a.v. is $16.12 for November 8. The n.a.v. was also $16.12 for the previous week. Look at the top holdings of DGS or the top sectors and determine for yourself if the DGS can hold its value. I am betting that it will. JMHO.
LINK:
https://www.bromptongroup.com/funds/
Bullboard Posts