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.

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Dividend Growth Split Corp > Distribution versus no distribution

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Comment by flamingogoldon Jul 25, 2022 9:33am

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Post# 34847629

RE:Distribution versus no distribution

No one I read here is spreading false info. It was borderline and as of the morning of the 22nd Brompton announced distributions and DGS was not included. See here...

https://www.bromptongroup.com/wp-content/uploads/2022/07/SplitsCEs_Distributions_July_22.pdf

Obviously the decision came a little later and a nice surprise along with my special distribution for SRV.

Larry50 wrote: Is there a prize for being the first to announce something? Why did participants announce DGS would 'NOT' be paying a dividend prior to Brompton announcing their decision. Interesting to speculate and make forecasts but disturbing to spread false information as news.

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