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

Dividend Growth Split Corp > April 21 was the last time they posted a dividend for DGS

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Comment by mousermanon Nov 16, 2023 8:18am

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Post# 35738628

RE:April 21 was the last time they posted a dividend for DGS

I do believe they will use NOV 23 , as it is the 2nd last thursday in NOV. LAst year they announced the distributions on NOV 23 , to be paid DEC 14... but the calculation date was a few days earlier.
Not sure it will make much difference, as DGS still has a ways to go to get to $15.24 needed to take care of distributions to commons and preferreds.

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