Dividend Growth Split Corp T.DGS

Alternate Symbol(s): T.DGS.PR.A | DDWWF

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 > DGS unit nav to JAN 10 = approx: $14.87

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Post by mousermanon Jan 10, 2023 4:23pm

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Post# 35214307

DGS unit nav to JAN 10 = approx: $14.87

SO i am still using the last list of updated holdings for DGS, and not sure if many changes have been made to start the new year. Today at the close the gain would 19 cents for the UNIT NAV, and that puts it at $14.87.... not exactly a bullish number in my books. BUT it did not stop buyers from pushing up the shares to close up 3 pennies @ $6.10.
The holdings did bounce back a bit late in the day, and only lost 5 cents since yesterday.
SP the premium today would be $1.23 on a split fund common that wouldnt be paying to commons if we see the UNIT NAV go sideways for a few days. That premium works out to 25%.
Riverboat gamblers buying this one.

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