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 > This Board is awesome

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Comment by flamingogoldon May 26, 2021 12:33pm

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Post# 33268173

RE:RE:RE:This Board is awesome

If your position is even, consider selling half and buy back sometime after ex-div. It's a gamble, but the chances of a pullback are there. If the move is right, you lower your average even more and whatever distribution amount you forego now you will make up in cap gains. If the move is wrong, well at least you have a positive position, mind you with less shares, but it's green and that is never a bad thing.