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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 Sep 14, 2023 2:36pm
171 Views
Post# 35636667

DGS unit NAV in realtime = approx: $15.16

DGS unit NAV in realtime = approx: $15.16So have BDIV doing real well today, up over 1% overall, and the top 10 doing great.
So at his point the discount has shrunk to 24 cents , but it is at a level where it would pay to commons. There is still a week to go until calc date at Brompton, so could still see a setback if US FED hikes rates again.
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