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.

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Dividend Growth Split Corp > DGS is paying Class A Share

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Comment by mousermanon May 17, 2023 10:56am

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Post# 35452412

RE:DGS is paying Class A Share

Not even close. Calculation date will be tomorrow. My spreadsheet has DGS under 15$ THRESHHOLD BY QUITE A LOT... and in fact DGS needs to be at $15.24 to pay this month, since both preferreds and commons need to be paid. Brompton is not like Quadravest which will pay at around 15$ level even if distributions put the UNITNAV below 15 $ after they are paid.