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 sinks , now $16.88 to OCt 25

<< Previous

Bullboard Posts

Next >>

Comment by GROGon Oct 28, 2024 9:49am

78 Views

Post# 36284802

RE:DGS unit nav sinks , now $16.88 to OCt 25

Mouser,

Out of curiosity when you say ' Or some with more safety at a discount like FTN' do you mean safe that the price is less volatile? or safe as in the monthly payout is consistant?

I've been in and out of DGS for the better part of five years now, but am balking at paying a premium for DGS and am considering other 'safer' plays that wont risk underlying capital degradation.

<< Previous

Bullboard Posts

Next >>

Looking at: Is Taylor Swift the key to solving traffic in Toronto?