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

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Post by mousermanon Aug 12, 2021 10:16am

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Pullback day on the TSX for the most part

Seems some profit - taking , but not any real big % down, of the top 25 in DGS only 7 are in positive territory, so the price of the common shares is getting lowered again.
Be interesting to see the UNIT NAV tomorrow...shoud be some gains , and be in the $16.20 range i believe. BUT tis very hard to estimate DGS NAV, because of the active managers, and they do not list all the holdings. ONLY the top 25.
BDIV they do update every day, and it is the biggest holding by quite a bit. NAV of 21.92 to Aug 11, so had a bit of a gain in the past week. BDIV does have some of the big US financials in the top 20 list, and those have been on a big run since beginning of AUG.

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