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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 JohnWalkeron May 25, 2021 9:03pm
181 Views
Post# 33265303

RE:RE:RE:RE:RE:RE:DGS Halted

RE:RE:RE:RE:RE:RE:DGS Halted
flamingogold wrote: I would buy some on the typcial dip that follows these offerings, but not all at once. We are ex-div on Friday so we might see a bit more selling pressure into next week. 


Agreed! We should see extra selling pressure as DGS will be paying PREF Share dividends as well this month - so we will see UNIT NAV drop by $0.2375 on or after ex-dividend date.

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