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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

Dividend Growth Split Corp > DGS unit nav to May 24 = apporx; $16.10
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Comment by Eoj123on May 28, 2024 9:53am
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Post# 36060146

RE:RE:RE:DGS unit nav to May 24 = apporx; $16.10

RE:RE:RE:DGS unit nav to May 24 = apporx; $16.10

BullWink_a_Lot wrote: DGS closed at $6.26 on May 24th which is .16 over nav.  I'm not sure how you get a 7% premium unless I'm missing something.


I based that on (your numbers) $6.26 - 0.16 - 0.24(dividend) = $5.86, $0.40 over the $6.26 which would be 6.4% over, I used the nav less the upcoming dividend to both the commons and the preferreds. I could be wrong though...

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