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

Dividend Growth Split Corp > DGS guesstimate to AUG 11= approx: $15.92 unit nav

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Comment by StratCapon Aug 12, 2022 6:46pm

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Post# 34893105

RE:RE:DGS guesstimate to AUG 11= approx: $15.92 unit nav

mouserman wrote: SO Brompton updated this morning, and my guess was dead on the money UNIT NAV @ $15.92 .
Mostly posiitve again this am... so far.

mouserman wrote: So my spreadsheet, ( not sure how accurate) shows a 41 cent gain, if they have close to the same holdings and weightings as a week ago.
That values the commons at around $5.92 BEFORE preferred dist are taken off, and $5.81 or so after they are deducted. Even taking the commons value @ $5.81 , DGS still trading at a very low premium to NAV. Last sale @ $6.61 means the premium is about 80 cents or approx: 13.7%..
Yield after the jump today would be 18.15% annually

Great work! Thanks for the update. Appreciate the info you continuously provide.

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