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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 mousermanon Aug 29, 2022 4:49pm
272 Views
Post# 34927917

DGS unit nav drops to $16.03 to Aug 29

DGS unit nav drops to $16.03 to Aug 29I have DGS losing about 18 cents  since update on thursday, and could be worse if DGS didnt have a lot of energy plays in the top 6 stocks in the fund. Commons have a value of $6.03 BEFORE distributions and would be about 5.79 after distributions are dished out this month.
Last trade @ 6.91 means the premium is  $1.12 after distributions,  or about  19.3 %
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