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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Post by west24on Jul 28, 2020 12:32am

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Post# 31328699

DGS Class A NAV

Without DGS paying out dividends, how likely is it that the NAV will rise as dividends are recieved to get above $15 sometime in the next 12 months? Does the fact they aren't paying out have any significant contribution to the NAV increasing at a faster rate? Some of the stocks in the DGS portfolio have recovered nicely in the past few months while energy and canadian financials have struggled. With a slight recovery of one or both of these sectors, is it likely we can get a jump to $15?

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