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 Mar 15, 2020 8:59am

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Post# 30809281

RE:RE:RE:Amazing What A Few Weeks Can Do

Some obvervations: The algos have better things to do than play around in split shares. The actual NAV is the NAV Brompton reports not your specutation. The important relationship at this point is Unit Nav vs Unit market price. ie The pref share has tumble well below $10 so the Capital share should trade above its intrinsic value. All that said 3.33 is too high a price given estimated Friday close NAV but nothing like FTN. GLTA

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