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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

Comment by bubba9on Jun 14, 2022 12:43pm
130 Views
Post# 34755411

RE:DGS guesstimate on UNIT NAV

RE:DGS guesstimate on UNIT NAVThanks Mouser. Helped me make some tough decisions. Think I'll sit on the sidelines in cash for awhile. Probably 2 rate hikes....
mouserman wrote: SO altho i do not know the real up to date  holdings or weightings, i do know BDIV has lost a buck in its NAV in just over a week...and it is the biggest holding by quite a bit.
My guess is that DGS has at most 60 cents of safety above the 15$ threshhold for paying. Today the unit nav is diving again, despite some green showing in a few places.
If is possible DGS commons may not get paid this month, and it will be interesting to see the UNIT NAV on friday...
DGS waits until the second last thursday of the month to calculate its NAVs. In June that will be the 23rd... so a lot can happen in the time until June 23.


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