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 > Brompton updates UNIT NAV for DGS @$15.54 to Nov 17

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Comment by bubba9on Nov 18, 2022 11:25am

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RE:Brompton updates UNIT NAV for DGS @$15.54 to Nov 17

Everything in the portfolio is doing well. Glad I held but boy the hands were shaky. Was sitting on some good profit but all I could say was---If you take it out now, where are you going to put it where there is more potential upside.

mouserman wrote: SO DGS held on great in the past week, only losing 5 cents off the UNIT NAV. Going up nicely so far today as the markets bounce back into heavy green. AT $6.11 the premium is only 57 cents BEFORE distributions. However this month they pay preferreds so distributions are 24 cents.
SO even after distributions the commons would be worth $5.30 to the close yesterday. SO still one of the better values in the paying split funds.

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