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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

Dividend Growth Split Corp
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Comment by gold_diggers1on Feb 19, 2018 10:59am
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Post# 27582921

RE:RE:RE:NAV should be posted tomorrow

RE:RE:RE:NAV should be posted tomorrow
charmed3timer wrote:
mouserman wrote:
mouserman wrote: I suspect the NAV climbed back up over 16.30 or so , so DGS "A" shares  should carry a NAV around 6.30. Trading at 1.65 premium to NAV ( about 25%+ or -)... so a bit pricey in comparison to some other split funds..
Distribution will be confirmed early next week i believe.

Well they havent bounced back as good i had thought.... Brompton updated their NAV per unit  last nite, and now is at  16.15 , but only 6.04 for DGS.
With the trading last night to over 8$ DGS is looking at quite a premium to NAV, altho there may be some shifting from DF to DGS here in the next while. If they want to stay in the same stocks in a split fund, DGS and DFN probably the direction they would send their funds when exitting DF. As well these split funds usually run up in the week prior to ex dividend date.
 


These market meltdowns/corrections are incredible oppertunities for great wealth building...

While i didn't cherry pick the exact bottom, I did add more of both DGS and DFN on the last crash. Unfortunatly for me I could've gotten filled way cheaper, but I am still satisfied with the prices I got.

DFN is my very first split co. been holding for years now adding a little each time the market crashes. Also have decent positions in DGS and FTN. these three make up the 'ultra high' yield component of my portfolio.

GLTA

A dummy question... are these high yield split corps sustainable?  I wonder where these split corps get the cash to pay the divs so high while their underlining companies (insurance companies, banks etc...) do not have such high yields?
.
GLTA


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