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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 flamingogoldon Jul 07, 2022 10:32am
220 Views
Post# 34808176

RE:RE:Question

RE:RE:QuestionBang on! I have made the most money of any split on DGS but... only with patience. Buy when it's under the threshold for paying and then... wait. The distributions eventually come back and not for just a month or two as some splits do.

This last stretch was a good 15 months. The point of entry under $5 is whatever the comfort level is. I prefer to start in the $3's. A little more scary when it gets that low because the markets are usually pushing extreme turmoil.

tailgator wrote: If? There is a 100% chance they get back to paying dividends. When you play splits you buy when they drop like this, it may be 6 months but you get a 50% return and a healthy dividend payment.


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