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 to Nov 6 update.. now at $17$

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Comment by jicoopon Nov 07, 2024 9:46am

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Post# 36300803

RE:DGS unit nav to Nov 6 update.. now at $17$

Hey mouserman, respect your postings on multiple split A funds. You hit the nail on the head with the valuation here and of some other funds. This is trading at a premium right now, and with an entry point of $4.68 , I am getting a great dividend and some cap gain as well.
Just looking at it as time to rotate into something undervalued, like FFN,FTN or some others.
Any suggestions welcome.

Coop

mouserman wrote: SO , DGS remains as the only split fund common trading at a premium, while many others are well over 10% discounted. Not a buy here for me, when there are so many deals in financial related splits.
DGS gained 33 cents in UNIT NAV since OCT 31... LCS gained $1.60, LFE gained $1.22.. etc.. etc.. IAG was the biggest gainer in DGS by far with a 17% gain ...since OCt 31

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