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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

Dividend Growth Split Corp
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Comment by JohnWalkeron Apr 05, 2019 10:07am
113 Views
Post# 29587016

RE:RE:RE:RE:NAV increase

RE:RE:RE:RE:NAV increase
epaladin wrote:
I read the NAV of the prefs as $10.05 for a combined NAV of $15.31.


You are correct! $5.26 + $10.05 = 15.31.

BUT the 10¢ dividend has been accounted for ...  so essentially lost 10¢ from last week, but gained 9¢ in NAV on the Class A shares
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