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

Post by james1975on Aug 30, 2018 11:31am

313 Views

Post# 28542682

I'm waiting for this one to come down

The US ten year treasury is approaching the 3 month LIBOR rate, indicating a flattening yield curve. Once the curve inverts, it is an average 9-12 months until recession.
Recession will send the NAV down enough to cut the dividend payment at which point the shares will decline about 75% in value according to similar episodes with other split share vehicles.
At which point I will be buying...

Bullboard Posts

Eminent acquires promising Nevada gold project