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.

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Dividend Growth Split Corp > Brompton DSG doesn't pay - again...

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Comment by flamingogoldon Jan 26, 2021 10:55am

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Post# 32387008

RE:Brompton DSG doesn't pay - again...

DGS is one of the most diversified splits so, as a result, it will take longer to get into distribution territory compared to the mostly bank and lifeco splits, which have recovered more quickly than the overall economy.

If you believe in improved global economies in 2H 2021 and throughout 2022, DGS will offer substantial captial gains and eventually a 30% yield from this level. Patience rewards.