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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 Aug 21, 2024 7:37pm
78 Views
Post# 36190948

RE:DGS unit nav to AUg 21 = approx; $16.35

RE:DGS unit nav to AUg 21 = approx; $16.35With you Mouse.  That's why I liked the switch into AEM.  Most funds hate gold stocks
because of the volatility and the lack of dividends.  Oil stocks have been a far more
lucrative investment as they are now being managed much more conservatively than 
in the past.  They capped growth and concentrated on debt repayment and increasing
shareholder returns through sustainable dividend payout.  The problem there is mutiple
forces are starting to eat away at the sector.  I don't want to go in to all of that here
so a good alternative IMO is to switch to some gold.   Its all related to massive debt,
a depreciating currency and a possible recession with the distinct possibility of a cut
in rates looming.  That is all positive for gold.  Like to see them pick up a bit more.

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