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 > Bummer

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Comment by mousermanon Mar 23, 2021 6:04pm

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Post# 32860626

RE:RE:Bummer

I have been in and out of DGS for about 8 years or so, and they always use the the third thursday of the month as the date the UNIT NAV has to be over 15$ after distributions are taken off.
SO March 18th was the 3rd Thursday so DGS will be paying for the month of March in mid April.
Will see the announcement tomorrow .
Brompton is NOT like Quadravest who will fudge dates so DFN can still pay commons, or fudge the date so BK commons dont get one.

SmellsofMoney wrote: From what I recall seeing, I haven't seen them screw it over on the last day.
Also, I don't know what the cut off is for their decision basis. Like on the day, or day before?? If day before, then we already made it.
If day of...well we still got some leeway before we dip below the limit.

I'd hope they're announcing during the day tomorrow and not after close!

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