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 > Time to Short DGS?

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Comment by bubba9on Oct 19, 2022 1:17pm

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Post# 35034076

RE:Time to Short DGS?

I cashed out today with a bit of a profit. Back later.---

amugsgame wrote: I've taken a short position on DGS given that it's hovering near the div cutoff. Rationale being that if even if the NAV is above $15 for the Oct div, I don't anticipate a big price jump and I can dump it before x-div date but if no div is declared then we all know how fast that tree falls

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