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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

Bullboard Posts
Comment by JohnWalkeron Feb 22, 2019 11:44am
123 Views
Post# 29399980

RE:RE:Div is the gravy...

RE:RE:Div is the gravy...
feredev wrote:
$4.97 nav + $10.12 NAV on prefs. hmmmm :)


$4.97 + $10.12 - $0.135 (Pref Share Div Payment) = $14.9575

NAV will have to increase (at minimum) $0.15 in the next 30 days for Class A share to be paid in March. NAV has increased $0.57 in the last 28 days (Jan 24 - Feb 21).

HMMMMM ???


Bullboard Posts