Dividend Growth Split Corp T.DGS

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

Financial Services Asset Management

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 FEB 28 = approx: $14.90 before dist.

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Post by mousermanon Feb 28, 2023 5:38pm

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Post# 35311009

DGS unit nav to FEB 28 = approx: $14.90 before dist.

DGS has actually gained a couple of pennies since the last update, and diversification with more oil , gold, metals etc and of course some good lifecos, have helped them move up. BDIV their biggest holding has lost quite a lot in the 3 sessions since the update , not helping at all.
So commons would carry a value of 4.76 after distributions are paid to preferreds , so a bit of an uphill struggle to get back 15$ level for UNIT NAV.

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