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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 flamingogoldon Oct 03, 2024 10:25am
50 Views
Post# 36251555

RE:DGS UNIT NAV to OCT. 2 = approx; $16.55 after dist.

RE:DGS UNIT NAV to OCT. 2 = approx; $16.55 after dist.Stocks, much like sports, ride on stats. Regarding these splits, it would be good to have the historical payout as a percent and then when applied to the NAV it might help better justify if a premium or discount is warranted. Some will want to trade on NAV alone disregarding past performance. That is fine. Others, will want to apply historical trends against the current NAV. Almost like a sentiment gage just like the VIX attempts to measure fear.

mouserman wrote: So the spreadsheet showing a gain of 8 cents  since the updated number on thursday of $16.57
DGS commons should have a value of approx: $6.55 after dist. THE Commons closed @ $6.69 so at a premium still  of 14 cents. 


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