Dividend Growth Split Corp T.DGS

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

Financial Services Asset Management

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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Comment by ChazBrownon Dec 04, 2017 11:52pm

134 Views

Post# 27090542

RE:RE:RE:What's the catch?

Immense thanks to all responders. If I'm right, you probably helped a whack of lurkers, as well as myself. I had preliminarily checked and it did not seem like they had ever not paid the dividend. I also saw the rise and fall of the stock price itself over the years. I have made a plan to try and ride what seems to be a cycle, buy for 7.80-7.90, ride it and collect dividend for 3 months or so, sell at 8.25+, hopefully, just prior to the time of the next offering, at which time, I will repeat. Easy, right? LOL I've been waiting for 'the correction' for a couple years, so I'm only playing with amounts I can afford to see dissipate significantly in the short term... I'm definitely liking that 15% after a few years of 1.5% GICs...

Thanks again...

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