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

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Post by JohnWalkeron Sep 12, 2022 4:33pm

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Post# 34957766

Time for a New Offering of Shares ?

I (like others here I suspect) was under the impression that a new offering of shares would not be done while Preferred Shares were trading under $10. However, seeing what happened with DFN today I'm now wondering if we see Brompton do the same with DGS.

DGS's last offering was way back on March 3rd of this year. me for a new one? There's quite premium being paid for Class A shares here.

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