Dividend Growth Split Corp T.DGS

Alternate Symbol(s): DDWWF | T.DGS.PR.A

Financial Services Asset Management

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 > This is what keeps me up at night regarding the banks

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Comment by marketsenseon Feb 17, 2024 2:43am

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Post# 35885571

RE:RE:RE:This is what keeps me up at night regarding the banks

I, much to my counter intuitive thinking have held this name without jumping off and
am in continual surprise at the strength of the buying which keeps gobbling up everything the sellers have thrown out. Is this the beginning of the market rerating
DGS due to improving investor perceptions of the div payout? If it is, it makes sense
because a yearly payout of .10/ month would make it still undervalued and discounted
to NAV by quite a margin. If it can keep paying then I would think the discount will
eventually transition to a premium.

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