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 14.91 Class A 4.79

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Comment by mousermanon Feb 14, 2021 10:15am

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Post# 32564329

RE:RE:RE:RE:RE:RE:Unit NAV 14.91 Class A 4.79

I was talking about another 30- 40% for the banks/lifecos, wont be as easy from here. DGS could get that out of their portfolio if this bullmarket really gets going. I still think we see a major correction this spring. Especially if the vaccines continue to show ineffectiveness.

flamingogold wrote: We don't need 30% - 40% upside. A rough 7% increase in the NAV will easily propel the share price by 20-25%%. This will then be fairly priced.

mouserman wrote: Yes i do believe the rail cos. will do well....and anything to do with green energy as well. With the inflation that is sure to come, ( already has for many items- lumber for instance, those commodities involved in infrastructure spending should do well.
DGS has a good mix of stocks, and just recently got back into the banks... a little late to the party.
DGS had quite a bit higher NAV than FFN and LCS not so long ago, but the lifecos and banks went on quite a run..... FFN gained .95 in UNIT NAV since JAN 29 ... the UNIT NAV was at 14.30...
DGS was at 14.33 on that same day... so far DGS still lagging, but I do believe the banks/lifecos are getting back to a fair valuation, so 30 or 40% upside in a short time now wont be as easy.