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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

Comment by marketsenseon Jun 19, 2024 6:53pm
108 Views
Post# 36096934

RE:RE:RE:RE:DGS unit nav to June 14 =approx: $15.40

RE:RE:RE:RE:DGS unit nav to June 14 =approx: $15.40Excellent comments M.  I also like flamingolds opinion about the distributions.  I have 
been a very happy beneficiary of those monthly payouts which are not insignificant.
DGS has paid out every month this year (6 months)  which for me = approx 12 %
based on my average price of purchase.  We have another 6 months to go so I'm
sure there will be a few more more to come.  

The other thought that keeps reverberating in my brain is this is an election year.  Biden
in order to win is going to have pull all the stops which means a cut in rates.  It may
not look like it now but once things get closer to election time,  I wouldn't bet against
it.  One thing all Americans want is lower rates and Biden's team will give it to them
in exchange for votes if they think it will bring them a win.
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