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

Comment by flamingogoldon Nov 13, 2020 11:29am

91 Views

Post# 31895178

RE:RE:NAV 3.77, UNIT NAV 18.87

This and FFN could be the next winning pair in 2021. DGS may start paying first but FFN could give you a better capital gain as it gets a healthier premium.

JohnWalker wrote:

west24 wrote: 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.

Actual NAV at Brompton website = $13.88 -- that's a very good estimation on your part. I'm starting to eye this one as well. Nice discount to NAV - prices should start picking up as NAV appoaches $15. Couple of months left to go but a yield at 34-36% is very attractive.