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 navgodon Mar 07, 2018 4:31am

134 Views

Post# 27673596

RE:RE:RE:RE:RE:DGS payout bigger on dates for preferred dist.

A couple of points -- unlike Quadravest Brompton keeps the weights of the holdings in their funds relatively equal so usually not a big feature for NAV calculation. Also when reporting NAV Brompton accrues the pref share quarterly so that the reported capital share NAV is clean.

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