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 > Confidence levels on Split Corps

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Comment by JohnWalkeron Mar 11, 2021 10:52am

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Post# 32772239

RE:RE:Confidence levels on Split Corps

navgod wrote: The distributions you receive on capital split shares are a return of capital.

I'm in the process of filing my 2020 Taxes now. I received dividends in the early part of the year (before the pandemic hit) from both FTN and FFN and there was no Return of Capital for those on my T5 -- all elegible dividends.

Lol, just being contrary for laughs --- you're right about ROC in probably 85% of cases.

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