Dividend Growth Split Corp T.DGS

RE:DGS UNIT DOWN to $16.54 in realtime

[mouserman]

mouserman wrote: Spreadsheet now showing a loss of 4 cents since Thursday May 08.. and with the last trade  @ $6.66 the commons are NOW at a premium, and I believe the only common share in the split funds  that is. Really doesnt make much sense, as the all of the top  4 not doing great. BDIV is up very slightly but DOL down big ( -2.9%), CSU down bigger  (3.9%) and is weighted 2nd behind BDIV.
WCN is weighted  4th at last report and is down ( 4.35%). ALtho there is green in the holdings... only 3 stocks are up MFC, RY and CM, and certainly dont make up for the ones mentioned earlier that are down. AEM now down 7% since thursday..and is listed in the top 10. Loblaws also down 2.5% as food stocks seem to be getting hit after big moves up.
At any rate .. the share price of the commons has gotten ahead of the real value. And it is not much higher in NAV than DF, which trades over 80 cents  lower  and has a much higher yield even tho its the same payout @ 10 cents per share monthly.

Big whoops there, as I had not saved to updated UNIT NAV to MAY 8th for some reason. Good thing the last post here was the updated NAV from Brompton. SO the reality is now the UNIT NAV is at $16.775 as it is now showing a loss of 4.5 cents with the higher number.
It is trading  above  NAV after distributions to commons and  DGS will be paying  over 16.8 cents to preferreds in JUNE for the quarter ending in MAY. Ex divvy date for DGS May 29 , i believe.