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 21, 2018 1:08pm

198 Views

Post# 29147085

RE:RE:Lowest close in 9 years

Shows and proves the stock price is linked almost entirely to the dividend, not the stocks held in the fund. Stop paying dividends and stocks always tumble, but this is unbelievable. It will take a lot more than continuing the dividend to raise this up $4.00 or more.

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