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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

Post by mousermanon Feb 18, 2021 10:04am
274 Views
Post# 32594710

Looks like no divvy for DGS this month

Looks like no divvy for DGS this monthEven tho it looks as tho DGS will likely miss paying to commons for February, the commons still are trading at over a 10 % discount to their value. From all reports out there, worldwide COVID cases have dropped suddenly and many believe herd immunity is the cause,  since very few countries are even close to having been vaccinated, and some have not even started. 
Southest ASIA for instance , Thailand, Laos , Cambodia ,Taiwan ... combined have less deaths than Vancouver. The population of those countries would be  4 or 5  times that  of Canada..
So very good news imo, and history shows that most of these flu type pandemics last 18 months or so and die off on their own.
By the summer COVID will just be a bad memory.
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