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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 May 10, 2019 11:31am
82 Views
Post# 29734381

RE:RE:RE:DGS NAV to MAY 9 at 5.22

RE:RE:RE:DGS NAV to MAY 9 at 5.22

mouserman wrote: SOOOO, if this selloff continues, there will be no distribuitons to commons.



You needn't sound so positive about it :)

I would prefer to say ... if this selloff continues there MAY be no dividend. It will be close either way.

FYI, I have no dog in this fight ... I sold my DGS a few days ago.

 

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