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.

TSX:DGS - Post by User

Dividend Growth Split Corp

<< Previous

Bullboard Posts

Next >>

Post by mousermanon Apr 26, 2024 7:04pm

232 Views

Post# 36010467

DGS unit nav to April 26 = approx: $15.81

So the value of the commons before distributions would be $5.81... however after 10 to commons and the amount for prorating their Quarterly payment to preferreds (8 cents) The commons then would be valued @ approx: $5.63. The last sale was at $6.13 , so the premium after accounting for distribuitons would be 50 cents.. just under 10%

<< Previous

Bullboard Posts

Next >>

Global Tungsten Market and Supply Security