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 Patrickreidon Dec 06, 2018 9:12am

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Post# 29074632

RE:New Portfolio

In a nut shell they simply want to diversify to a larger group of dividend paying assets. They also want to take advantage of opportunities they see, where in the past the portfolio was, as they put it static. They have news out yesterday with a slide presentation. Given they have not paid a dividend in several months, given the portfolio’s asserts pai dividends....this would give them more m9me6 to invest in the new portfolio. I suspect the adjustments in the portfolio will tak3 time, thus the hold8ngs will change over time rather than abruptly. IMO

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