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 > Cheap premium under 7%

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Comment by NoShoesNoShirton Jun 28, 2024 9:11pm

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Post# 36111750

RE:RE:Cheap premium under 7%

marketsense wrote: In total agreement. Been saying the same thing. For a fund that is diversified and has
active managers, it has proved to be a reliable payer and been able to keep on top
of its NAV. That should justify having a decent premium IMO and should keep investors
more in than out.

Look at the 7% premium as cream to be skimmed off by the shorters. When the market is someday on its way down, they short this and make 7% in 2 weeks. After what happened last summer, I'll never again hold splits at more than 3% premium.

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