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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 AnEducatoron May 20, 2023 1:27pm
166 Views
Post# 35457841

RE:RE:NAV May 19

RE:RE:NAV May 19Perhaps the fact they continue to make the payment threshold every so often maintains a certain level of hope that dividends will become more consistent. The quarterly, as opposed to monthly, payments to preferreds has proven to be tremendously helpful in meeting the monthly $15.00 ex-dividend target every so often.

I have shorted DGS in and out several times over the last year and am currently short. At this time, the position is of fairly high conviction. The risk/reward metrics are unbelievably compelling.

EdPaquette wrote:
These splits are not at all easy to trade.
Sure they're easy.  What's not easy is predicting what others do. Like why this dog trades a dollar too high.  Too may bottom feeders....


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