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 May 27, 2022 10:39am

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Post# 34712038

Brompton update shows DGS @ $6.23 to May 26

So that was for the commons with the preferred part taken off.
After all distributions DGS commons would hold a value of $6.13
The premium to NAV just over a dollar or approx: 17% AFTER distributions are taken... one of the better values out there in the split fund space. Appears as tho a majority of the holdings are heading up further again today.

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