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.

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Dividend Growth Split Corp > Opinions Please ?

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Post by JohnWalkeron Mar 10, 2021 7:28pm

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Post# 32768968

Opinions Please ?

My feeling is that between DF and DGS the latter has better diversification and better chance of consistent dividend payouts to the end of this year.

However, I think DF will surprise and announce dividends payable in a few days. I have good capital gains with DGS already (bought most of my 20K shares at $4.50-4.60) but I am thinking of crystalizing those gains and moving some money into DF for some more QUICK capital gains. I would miss out on DGS divy this month but I think the capital gains that could be realized with a purchase of DF would far outweigh the divy from DGS.

Then when capital gains on DF would be realized I would move money back into DGS for the medium term to collect those divys.

What say you ?

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