Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 oldbrit34on Nov 27, 2023 11:20am
184 Views
Post# 35754423

RE:RE:Another missed month for the Commons.

RE:RE:Another missed month for the Commons. I agree A.E. the fund recovery is much more important than paying a dividend at this point. Obviously we want to see it return to a healthy NAV but at the moment the stock discount to NAV sits at 7.5% and this appears to me to be in the range of at least taking a partial position although with Banks starting to report  we may well see a dip in NAV as the fund has around 28% in the banks. DGS does have a good balanced portfolio which will do well as the market recovers but I have never been happy with their self serving holding of BDIV which is around 9.7% of DGS.
<< Previous
Bullboard Posts
Next >>