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 > Dividend declaration

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Comment by mousermanon Mar 22, 2021 5:06pm

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Post# 32852868

RE:Dividend declaration

Crazydavid wrote: Would any one have an idea when the dividend may be declared

Last year the distributions were declared on MArch 24, so i suspect after the close tomorrow , or on wednesday.
On another note, i trimmed back my DGS holdings today, as the UNIT NAV sagged again .
DGS is not the safest of split funds to buy for the longterm. Not saying it wont continue to pay, as it could very well continue to go up and value and keep paying.
Just saying there are safer ones, fairly valued that pay pretty decent returns that could survive a 20% correction. I am simply reducing the weighting DGS has in my portfolio.
I try not to fall in love with any of these.

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