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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

Comment by flamingogoldon Mar 24, 2021 3:30pm
180 Views
Post# 32868384

RE:Nice bounce in DGS holdings

RE:Nice bounce in DGS holdings Outside of tech almost every sector got hit hard with covid this last year. Many of these sectors will continue to improve as we come out of covid with tech being the laggard here. I think DGS is well positioned here post-pandemic with the a major hold of 18% in industrials (which should do extremely well going forward), 27% financials (already rocking), 10% energy, 10% consumer discretionary, 8% utilities and 12.5% global.

mouserman wrote: SO was busy buying up some more DGS, ( lower than where i sold) as i was sitting on some cash.... I think now there should be no doubt as to whether DGS gets a distribution this coming month. Still up for debate as to whether they can pay steadily for months to come...if so, a 22% yield is quite attractive .



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