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 > So record date is Dec 28 for Class A shares dividend?

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Comment by mousermanon Dec 23, 2022 10:03am

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Post# 35189278

RE:So record date is Dec 28 for Class A shares dividend?

No , Ex dividend date is 29th of DEC and the record date is Dec 30th. You need to buy before the 29th to get a distribution, and if you sell on 29th you will still get the distribution.
My UNIT NAV estimate for DGS was a penny high @ $14.93 as Brompton's update came in @ $14.92

axim888 wrote: So seems dividend is coming for Dec (I was wondering given the share/nav price) https://www.bromptongroup.com/wp-content/uploads/2022/12/December_21_-2022-Split_Distributions.pdf

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