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

Dividend Growth Split Corp > DGS Announces Successful Overnight Offering

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Comment by Bully88on May 27, 2021 8:46am

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Post# 33274273

RE:DGS Announces Successful Overnight Offering

Hey all DGS Longs,

Question.

With thie overnight offering.

How does this position DGS moving forward.

Is this seen as a positive move by them?

How will the proceeds of this offering be used in terms of growth?

do they use the money to buy more shares in their portfolio?

does this cause dilution issues down the road?

Thanks for your input as it is very much apprciated.

Cheers,

Bully

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