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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
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Post by flamingogoldon Jun 29, 2023 11:23am
188 Views
Post# 35520542

What recession?

What recession?This is US data, but Canada follows the US 90% of the tme. Big worry is household debt. Canadians are leaders in sucking up debt. Given that Freeland/Trudeau just gave banks special exemption to extend mortgage amortizations to the moon, unlikely we will see any real estate crash here. They are kicking the can down the road. Given this, the consumer remains strong. Wages still running high. Any recession will be rolling, sector related not widespread.

https://www.cnbc.com/2023/06/29/us-treasurys-investors-digest-fed-chair-powells-policy-remarks.html
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