RE:Grabbed a little DGSDGS was the first split I ever owned. I bought it coming out of the 2008 financial crises and held it for many years collecting steady divs. One of my best holds. The last 3 years I have been in and out until recently I got back in with a chunk of shares mid $3 range. The post covid global recovery is underway and DGS should bear some fruit.
mouserman wrote: Was hoping for a little longer pullback before buying but decided to make a little wager here.
I do like LCS better, but it is thinly traded and continually trades at a discount despite being over 16$ UNIT NAV at this point, and paying a 16% yield..It is not as diversified as DGS , but i did like the Q reports of the lifecos...and the banks for that matter.
The discounts to NAV similar for DGS and LCS, only difference is one is paying and the other is not at this point. But once DGS is paying it will have a bigger yield.
NOT sure it will ever get a premium... as BROMPTON split funds at this point, do not get premiums no matter how great the discount, or level of safety.