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

Bullboard Posts

Post by west24on Nov 12, 2020 10:40pm

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Post# 31892795

NAV 3.77, UNIT NAV 18.87

With the drop today DGS NAV predicted to be between 3.72-3.79 depending on how the unknown 11.9% of holdings work out. We'll see with the update by Brompton tomorrow.

Now trading at over a 15% discount to NAV, which is a higher discount than most of the summer. Bought more today at $3.29.

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