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.

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Dividend Growth Split Corp > Not convinced there's a recession next year

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Comment by mousermanon Dec 21, 2022 10:53am

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Post# 35184592

RE:RE:RE:RE:RE:Not convinced there's a recession next year

SO have diesel prices come down that much as well? I am in Mexico , so cant really keep up with the inflation numbers in Canada or the US...
Gas prices are NOT a really big driver of inflation compared to diesel.

flamingogold wrote: When oil hit $120 back in the Spring (just when the FED started it's fight on inflation), the "experts" and crude bulls were calling for $200-$300+/barrel. Instead, it's finishing the year 40% lower.

Today, an hour never goes by in the media where you hear about the impending severe recession that is coming. We may see a mild shallow recession, but no skull crushing recession. Of course, I am referring to equities. Real estate is an exception. The decline will continue through all of 2023 and most of 2024 before a bottom is in there.

I am a contrarian, I never follow the herd, because, in the end, the herd always goes over the cliff. Ask any tech investor, crypto investor, weed investor and now any real estate buyer during covid.

EdPaquette wrote:
Those heading out on the road for the holidays will receive the gift they’ve been waiting for all year: lower gas prices. Holiday prices this year will be$1.83per gallon lower than they were just six months ago, according to GasBuddy, the leading fuel savings platform saving North American drivers the most money on fuel. The national average price of gas is forecast to be $2.98 on Christmas Day, likely to drop below the critical $3 per gallon mark on or before Christmas Eve for the first time in nearly 600 days.

Since peaking at over $5 per gallon in June, with prices in California reaching nearly $7 per gallon, the national average price of gas in the U.S. has slowly come down from record-breaking levels, falling below its year-ago level on December 9. Since October, every one of the nation’s 50 states has seen gas prices plummet precipitously, with diesel starting to follow suit.

By the numbers:

$1.94 per gallon: decrease in the national average since June peak

26: states now with average gas prices below $3 per gallon

$2.44 per gallon: the average price of the bottom 10% of U.S. gas stations

$2.99: the current most common gas price in the country

25+: cities with average diesel prices now below $3.99 per gallon

“As 2022 draws to a close, we’ve seen gas prices cut nearly in half in some areas compared to this earlier this year — a well needed break from the sky high prices we faced just six months ago. Finally, things are starting to feel a bit more normal with gas prices far more affordable. Americans are saving around$25 per fill-up compared to prices this summer,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “While we’re closing out the year on a positive note, challenges remain that could drive prices up again next spring, so motorists might want to keep their expectations in check and enjoy the sub-$3 gasoline while they can.”