Dividend Growth Split Corp T.DGS

Alternate Symbol(s): DDWWF | T.DGS.PR.A

Financial Services Asset Management

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 > ying-yang

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Comment by flamingogoldon Jul 26, 2022 10:33am

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Post# 34850872

RE:ying-yang

I am a strong advocate of diversification and DGS is the best diversified split there is. I have made more money owning this than any other stock and my current annual distribution rate is 43% in a TFSA with a four digit payout. Under $5 is guaranteed to be in the money with patience, and not much is required either compared to the weaker splits like LFE, DF or FFN. If the news goes south and we hit the $3's again you won't be sorry to add a few more zero's to your share count.

Chefboy69 wrote: that is my mantra...balance
anyways...I hold a very small amount of this 100 shares in my Questrade account
it pays for my trades, if i want to make one...

these covered call splt funds are great in small doses..but i would never over expose myself to them
I own FFN and am waiting on them to announce divi back there...

congrats that added on the major drop

just be balanced.

GLTA