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 Jack256on Sep 23, 2019 3:29am

147 Views

Post# 30153756

RE:RE:DGS nav jumped a bit more friday ..

EdPaquette wrote: I was reading the dgs website, and they say the payout is mainly return of capital. So if you keep it a few years, the entire amount you get from selling it will be taxable! That's why it gets no respect.

You only pay tax on 50% of the gains when you sell. The other 50% is in your pocket tax free. That's how capital gains are taxed, and depending on your tax bracket that can be a big advantage.

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