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 > Blew past pre-covid high

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Comment by ehud42on Apr 14, 2021 10:22am

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RE:Blew past pre-covid high

Honest question - as I'm seeing conflicting reports on this:

flamingogold wrote: Household savings are at multi-decade highs just waiting to get spent which will pump corporate profits for several quarters.

And yet there are also reports of seemingly above normal number of households within $200 of insovency. https://www.bnnbloomberg.ca/53-of-canadians-within-200-a-month-of-insolvency-mnp-1.1587379

So which is it? Are we on the verge of a COVID collapsing economic catastrophy or a stimulus induced economic boom?

Or are they both true, just depending on which side of the widening have / have-not class divide one happens to find themselves?

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