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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 marketsenseon Jul 23, 2022 3:20pm
227 Views
Post# 34845660

RE:RE:RE:Wonder

RE:RE:RE:WonderThere's no question in my mind that the "no div" assumption prompted the sell off.  

To the other issue of intent,  there's also no question that those posters who follow
DGS closely had no malicious intent in doing anyone harm.  That call was so close
+ or - one penny  was all it took.  Keep up the good work on DGS.  I think we've
all learned a lesson.

I lucked out this time but it could have easily gone the other way.  Others didn't but
at the time,  selling was the sensible thing to do given the circumstances.  I took a
chance knowing that it was going to be a close call.  Not smart but the gamble paid
off.  Next time it might go the other way.



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