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 > Quadravest $15 threshold vs Brompton $15.10

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Comment by mousermanon Jul 20, 2023 6:09pm

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Post# 35550603

RE:Quadravest $15 threshold vs Brompton $15.10

BullWink_a_Lot wrote: Why the .10 discrepancy between Quadravest & Brompton's threshold to pay a dividend? And is this for every split fund?

All of Brompton's split funds have the condition that the UNIT NAV must be at or above 15$ AFTER distributions have been paid., in order to pay the common shares.
Quadravest doesnt have this requirement.

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