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 > Brompton announces distributions.

<< Previous

Bullboard Posts

Next >>

Comment by JohnWalkeron May 24, 2022 11:51pm

214 Views

Post# 34705454

RE:RE:Brompton announces distributions.

Nakate wrote: ya hate to rain on the parade but is it not time for an offering

Possibly, but not likely.

This actually came from one of the Quadravest split funds, but a poster here said he actually called the company about this and he was told that they are unwilling/unable to conduct an offering when the preferred shares are trading at a discount. If true, it's likely the same with Brompton.

<< Previous

Bullboard Posts

Next >>

Gold vs. bitcoin, where should you invest?