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 > DGS realtime UNIT NAV = APPROX: $15.12

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Comment by mousermanon Mar 08, 2021 4:02pm

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Post# 32745405

RE:RE:DGS realtime UNIT NAV = APPROX: $15.12

We are seeing a correction in some sectors , of note in the ultra big cap tech stocks, AAPL, MSFT , AMAZON etc...
Not sure we will see a correction in the financials, given the Q reports being so stellar thruout the pandemic. I do note here that this tech selloff affecting the biggest holding in DGS, which is the techheavy.. BDIV. Altho most of the retailers in the fund are up, the biggest holdings are getting trashed today.
So my realtime estimate is now off by a couple of pennies, as BDIV has given back much of the gains. Altho it is still up a bit from last updated UNIT NAV on March 4.

flamingogold wrote: The first lockdown and US/Canada land border closure occured around mid-March. A correction before the 18th would be an eerie coincidence. Who knows, but I doubt this month. It seems like the more everyone expects a correction the less likely we get one.

mouserman wrote: So unless there is a correction , DGS should make the cut for paying distributions , altho there is alot of days left until the date they will be using to calculate the distributions.
I believe it will be March 18th close.