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.

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Dividend Growth Split Corp > Brompton reports DGS unit nav @ $15.19

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Comment by Inglewoodon Jan 19, 2024 10:46am

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RE:Brompton reports DGS unit nav @ $15.19

Pardon my ignorance, but how does the payout rule work exactly? Only the UNIT NAV has to be above $15.10? So theoretically, the commons can be under $5 in NAV (or any other number, but it will still pay if the UNIT NAV is over 15.10?

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