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 amugsgameon Apr 21, 2018 8:47pm

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Post# 27922492

RE:RE:RE:NAV

The holdings od DGS are secondary considerations in comparisson with the NAV. Once the NAV gets into the danger zone where the div could be cut then the premium paid for the units gets greatly discounted. You have to remember that as of Friday buyers were willing to pay in the $6.50 range for something worth $5.37 (April 19th NAV) - not much margin for continuing "A" div when the April dispersments are paid out.

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