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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 flamingogoldon Feb 07, 2023 10:10am
158 Views
Post# 35271599

RE:RE:RE:DGS realtime UNIT NAV @$14.98

RE:RE:RE:DGS realtime UNIT NAV @$14.98A recession with unemployment at a 50 year low? Some of these splits may have gotten ahead of themselves for sure but a recession is drifting out to sea after the last boffo US jobs report. A slowdown is in the works but negative growth with all these jobs and high paying salaries is looking less and less likely.

mouserman wrote: Hmm well it appears some entities are shorting DGS, may be that the powers that be only want the brokers to make the profits , and not retail traders... ya think? 
I have been checking the positions on many of these splits , short positions are at 4 to 6 months highs in most of them. Not sure if this is a sign that a correction is due, but recession concerns are real and present.
Short Positions for DGS
Symbol Report Date Volume Change Shares Issued % Float
T : DGS 2023-01-31 300,458 32,831 48,116,733 0.62
T : DGS 2023-01-15 267,627 42,289 48,116,733 0.56
T : DGS 2022-12-31 225,338 202,259 48,116,733 0.47
T : DGS 2022-12-15 23,079 -24,748 48,116,733 0.05
T : DGS 2022-11-30 47,827 -20,624 48,162,605 0.10
T : DGS 2022-11-15 68,451 -126,106 48,162,605 0.14
T : DGS 2022-10-31 194,557 -147,816 48,162,605 0.40

navgod wrote: Still unable to short this overvalued split GLTA
mouserman wrote: So DGS giving back all the gains from friday here today and is back below $15 unit nav. 
Not sure  if some have inside info , about changes in the fund holdings, or maybe  just mesmerized by the high yield.






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