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

Dividend Growth Split Corp

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Post by mousermanon Mar 07, 2023 4:37pm

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Post# 35324572

DGS unit nav falls to $14.77 to March 7

So spreadsheet saying $14.77 at the close, and now 33 cents is needed to get to the level of paying to commons in the next few weeks. Market volatility likely to continue for the rest of this week, with more jawboning from the US FED and employment numbers friday.
Value of DGS commons today is $4.77... so the premium today is 18.8%. Would be a decent valuation for a paying split fund, but alas DGS will likely miss again this month.

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