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Dividend Growth Split Corp DDWWF


Primary Symbol: T.DGS Alternate Symbol(s):  T.DGS.P.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 Apr 29, 2024 6:46pm
84 Views
Post# 36013647

RE:Average cost base reduced

RE:Average cost base reducedI think DGS is very interesting right now.  I agree that so far this year they have not 
missed a payment and if nothing else changes,  there's a good chance they will
continue to pay out for the rest of the year.  Interest rates are being kept here for 
longer but the economy has adjusted and most companies are coping quite well.

What seems more unstable is investor sentiment.  There is so much speculation
about interest rate cuts and then disappointment that investors are being pulled
one way and then another.  As long as rates don't rise,  I don't see a recession
happening and this should bode well for DGS holders IMO.  I'm ignoring the
uncertainty for now and continue to hold and add on weakness.  


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