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 > Market firmed up Nicely. NaV likely up today.

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Comment by west24on Feb 05, 2021 10:09am

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Post# 32482906

RE:RE:RE:Market firmed up Nicely. NaV likely up today.

Had it almost bang on, by end of day I had the estimate at 14.66 so only a cent off. This is an incredible buying opportunity, most underlyings are relatively flat however NPI, OTEX, BEP.UN up over 2% or higher. Won't be long now until the SP catches the NAV. I will update later today re the NAV.

west24 wrote: NAV as of 10:30 AM estimated at 14.64 for unit and 4.54 for Class A. The vaccine can't come soon enough, but as soon as the picture becomes more clear and vaccine production isn't an issue the underlyings will bring DGS back to distribution territory and more. Great buying opportunity for capital gains within the next three months barring something completely unexpected. Holding over 10,000 shares for the long haul.

flamingogold wrote: The only thing getting in the way would be vaccine failure. Beyond that, global economic recovery will eventually arrive and DGS is set up nicely to benefit. glta

slst wrote: Added some more today. FOMO. Don't care if it takes a few months. This entry seems unbelievable to me.

A little nervous but You guys are GREAT company. DGS is at a decent discount and THAT is good enough for me. Im in.