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 axim888on Dec 23, 2022 10:24am

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

Sorry I realized too late I said "record" date but meant last buy date for distribution.
So if NAV was below $15 how come they gave distributions... because they made additional money via call options to cover the distribution this month? (new to this split shares)

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