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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 24, 2023 2:14pm
125 Views
Post# 35303980

RE:RE:March madness

RE:RE:March madness
I have held DGS for the better part of a decade. During covid I managed to get back in at near the bottom so when this pays it's a handsome reward that makes up for some misses.
 
Despite sticky and stubborn inflation and the threat of more rate increases, I don't believe we will see a recession, at least not the textbook kind. Job growth remains strong at a 50 year high. 
 
The Dow is almost in correction territory (-10%) again and the S&P is off 15% brought on by fear that the FED will have to raise again in March. But, fiscal tightening is closer to the end than the beginning, maybe another full basis point higher so once the FED pauses (forget what Tiff says), the markets will roar back. That... is coming in the back half of this year. And, DGS will follow.
 
I could sell and buy back but then I would have to be right twice. With my low average, I can afford to wait.
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