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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 Jan 15, 2024 4:23pm
250 Views
Post# 35827749

DGS unit nav to Jan 15 = approx: 15.29

DGS unit nav to Jan 15 = approx: 15.29So DGS showing a gain of about  5.8 cents since Last thursday... so close enough to say $15.29 UNIT NAV. After distributions to commons DGS unit nav would be @ $15.19...
'DFN trading at a premium would have a UNIT NAV of about 15 $ after distributions to commons and preferreds. No mystery about the love affair with longs bidding up DFN to a premium. 
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