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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

Post by marketsenseon Jul 25, 2022 1:23pm
224 Views
Post# 34848662

Yes

YesHad to take a friend to the airport this morning and just got back.  Cannot believe
what I'm seeing.  I was shocked but threw in a sell order at market immediately.
I thought there would be some kind of a rally but this is way beyond and above
my expectations.  I was way too conservative thinking it might get back to the
$5.30 range on a rebound after the dividend declaration.   This is crazy but then
what the H ell do I know.  I just booked 5 months worth of dividends on my sell order
thank you very much. 

Now if the Fed follows through with what is expected,  they are going to crush the
market with their raise.  Well,  that is the consensus but when it comes to markets,
expect the unexpected.  Who knows, they might go for a full 1 % this time.
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