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 > Thoughts on SP getting back in the 6$ range?

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Comment by mousermanon Jan 19, 2024 7:51am

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Post# 35835433

RE:Thoughts on SP getting back in the 6$ range?

GROG wrote: Or is flirting in the 5$ range the 'new normal'?

The swings between 5-6$ used to make this an interesting split to swing trade, but lately it's been flat with alot of missed payments.

Thoughts?

I DO KNOW DGS should move up and get a premium now, consideringthe yield if it can stay at this level or above. I not that DFN with a lower UNIT NAV is getting a 6% premium...
I do however expect a lot of volatility in the next few months, with any movement in interest rates pushed down the road somewhat. Lots of negative going on in the world... wars, censorship, and the WEF/WHO agenda..

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