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 > UNIT NAV 14.45, Class A NAV 4.36

<< Previous

Bullboard Posts

Next >>

Comment by slston Jan 28, 2021 4:41pm

138 Views

Post# 32413811

RE:UNIT NAV 14.45, Class A NAV 4.36

Hope you are right. They are nicely diversified with a great selection towards higher dividend growth stocks. That itself is a worthy strategy for long term growth and safety.

When it restores its distribution, it should head towars 6. So that is a 50% gain.

Buyers at this level will then earn 30% annual distribtution going forward. Almost seems too good to be true, but thats where they were early last year. Added at 3.98 in TSFA. Just waiting.

Could be 6 months or even a year. Seems worth it to me.

<< Previous

Bullboard Posts

Next >>

Paramount Resources signs $3.32 billion asset sale