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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

Post by mousermanon Apr 21, 2023 10:07am
232 Views
Post# 35407037

DGS NAV rising today, while financials splits crater

DGS NAV rising today, while financials splits craterFinancial splits with big premiums will take a hit today. Nice thing about DGS diversification is when the banks/lifecos take a hit, it doesnt affect them nearly as much. US flash PMI came out hot, ( if you can believe these surveys mean that much). Makes a higher likelihood of more interest rates hikes in the US, which puts pressure on the bond markets again. SO the banks sell off in sympathy.
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