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

Bullboard Posts

Comment by theblackestcaton Jan 30, 2017 8:58pm

269 Views

Post# 25775441

RE:RE:RE:New 52 week high

While DGS is a safer position - current NAV of $17.60/unit vs Lfe currently $16.50/unit
As long as both these Unit NAVs remain above $15, both will pay a 10 cent divi per month.

So at current prices i'll take the 21% yield over 15% yeild for a bit more risk. ( I owned DGS when is was where LFE is now - paying 21%+ so now i think its the time to get back into a 20%+ divi position)

I'll be the first to say it is riskier than DGS and may not be for all portfolios - but LFE has a much more appealing yield.
It all depends on your risk appetite and market outlook -
Rising rates will benefit Lifecos more than banks and thats the environment we are in soo... I think LFE is safe

Again GLTA
TBS

Bullboard Posts

Pro Women’s Hockey League comes to NHL 25 in December