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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

Comment by mousermanon Dec 24, 2022 8:32am
302 Views
Post# 35190936

RE:RE:Merry Christmas Everyone

RE:RE:Merry Christmas EveryoneMerry xmas to all here on Stockhouse. DGS made a bigger move on friday than any of the other splits i follow, gaining back about 15 cents on the UNIT NAV since the update. So update UNIT NAV would be $15.07. Big move from energy plays in DGS, as the price of oil made a bounce up with the USD falling. 2023 may be the year of the commodities  as the cycle turns back to growth and need for those materials. I dont think inflation will get cured by higher interest rates. At least , it will not go back to prepandemic pricing. Those days will be history. 
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