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 unit NAv to Sept. 1 = approx: $15.71 BEFORE dist.

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Comment by mousermanon Sep 02, 2022 9:26am

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Post# 34937700

RE:RE:DGS unit NAv to Sept. 1 = approx: $15.71 BEFORE dist.

Yes that did take into account the distributions to commons of 10 cents and also 14 cent quarterly distribution to preferreds. UNIT NAV is now $15.36
My estimate was low as BDIV ( biggest holding) had fallen more than i had estimated.