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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 Mar 14, 2019 9:12am
93 Views
Post# 29484142

RE:DGS NAV today flat at best

RE:DGS NAV today flat at best
mouserman wrote:  since they need about 24 cents above 15$ for the units to pay out preferreds and commons .


I disagree ... they only need $15.10 or better to pay the A shares next week. The dividend for PREF shares was declared  Feb 21 and they won't next be declared until May 23.



Bullboard Posts