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 > 0.99 c to go to get to 15$

<< Previous

Bullboard Posts

Next >>

Comment by GROGon Dec 10, 2020 9:24am

126 Views

Post# 32075642

RE:RE:0.99 c to go to get to 15$

I realize that, however above 15$ for what? an month? a day? an hour? What triggers the resumption of distributions? Is it automated? Does the fund manager wake up one day and decides its a good day to resume distributions? Is it arbitrary?

Just looking at what to expect in the coming weeks/months

EdPaquette wrote: Unit nav has to be above 15. See Brompton website.

GROG wrote:

Anyone have an opiniion as to what will trigger the resumption of distributions? 15$ for a month? a quarter?

Ive loaded up since march, April and May at really low levels. Looking forward to a resumption of 0.10c a share distributions. my effective yield will be in the 25%-30% range.