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 > Oops They did it again!

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Comment by flamingogoldon Jul 12, 2021 5:43pm

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Post# 33533686

RE:RE:Oops They did it again!

All paying splits do overnight offerings, this is part of the game. The markets are roaring so I expect even more offerings before the year is out.

While offerings can be criticized as a greedy move by the fund managers, it's also a sign of the fund's success. I am less concerned about the offerings and focussed more on the overall economic global health and any cracks that may be building. Up to now, markets have been resilient and rebounding well on dips.

EdPaquette wrote: Yes it feels like 2 weeks ago, but actually it was almost 2 months ago.

navgod wrote: New treasury issue --- seems like the just did one yesterday