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 navgodon Aug 17, 2019 9:47am

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Post# 30039324

RE:RE:Brompton updated NAV to AUG 15 , DGS UNIT nav=14.83

It has some value becuase it is an option on the unit with a strike price of $10.00 -- that said it's worth nowhere near $1.35.Take a look at FTU -- trades at .26 and $2.00 away from any intrinsic value.

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