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

Bullboard Posts

Comment by ChazBrownon Mar 08, 2018 10:46am

98 Views

Post# 27682870

RE:RE:RE:RE:DGS NAV dropping fast..

I share the same sentiment. I think nothing short of a very significant market-wide correction is going to sing this beyond the div payout, if past history is of any value. I tried to grab a few thousand more shares at 6.95 but it turned too quickly. Got some at $7.25 which is a serious average down for me.

GL&GT
CB

flamingogold wrote: I suppose I missed his earlier comments. Just surprised when I jumped over to the DF board and found it swarming full of shorters and he was right in there talking things down.

Today's DGS dip could be a reset for all these split shares given the recent market turbulence. I am not in this for the ups and downs. Bottom line is, as long as we don't go over a cliff or enter a prolonged recession the div should continue to pay out.

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