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 > Class A NAV 4.94

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Post by west24on Mar 01, 2021 2:41pm

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Post# 32687090

Class A NAV 4.94

Getting closer to dividend territory and the discount to NAV is narrowing. Congrats to those who have held for months (or years) waiting for this jump we're now seeing in SP. Exactly 1% needed from here (as of 2:30 PM) to see a resumption in distributions.

Remeber we essentially need to see the Class A NAV get to 5.10 as the commons pay 13.75 cents this month (I've got NAV for commons at 15.08).

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