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 > no dividend

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Comment by flamingogoldon Mar 17, 2021 2:38pm

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Post# 32817996

RE:no dividend

You are sitting on a monster capital gain. The div is going to kick in and you stand to grow that gain even more. If you are worried, sell half and ride the rest for practically free shares.

yukon61 wrote: share price will drop if no distribution. bought in the low 3.00 range and if no div will sell and buy another div stock many to chose that never lost the div last year.

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