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

<< Previous

Bullboard Posts

Next >>

Post by mousermanon Dec 12, 2024 4:35pm

107 Views

Post# 36359846

DGS unit nav to DEC 12 = approx; $16.90 after dist.

So after paying to cmmons and preferreds DGS unit nav will have dropped approx; 50 cents .. and so the value of commons shares here is $6.90. The last trade @ $7.27 gives DGS a lonely premium... of 37 cents or about 5.3 %. Strange where some investors see this as a safe hold. I would think a little more cushion above 15$ would be needed for that.. Will see how close this estimate is tomorrow morning. An interesting day coming up.

<< Previous

Bullboard Posts

Next >>

3 Mid-Sized Stocks to Consider This Season