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 unit NAV to MAy 27= approx: $16.53

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Post by mousermanon May 28, 2022 11:06am

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DGS unit NAV to MAy 27= approx: $16.53

So with some good gains in BDIV , ( the biggest holding) and only NTR in negative territory of the top 25 stocks in the fund, the gain was about 17 cents today, after the update to Thursday close showed the UNIT NAV @$16.36. AFTER DISTRIBUTIONS this month of 24 cents , the commons would have a value of $6.12 , and that leaves the premium to NAV at $1.12 or about 18.2%.
Certainly not overvalued at this point , imo.

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