Dividend Growth Split Corp T.DGS

0.99 c to go to get to 15$

[GROG]

Anyone have an opiniion as to what will trigger the resumption of distributions? 15$ for a month? a quarter?

Ive loaded up since march, April and May at really low levels. Looking forward to a resumption of 0.10c a share distributions. my effective yield will be in the 25%-30% range.

[EdPaquette]

Unit nav has to be above 15.  See Brompton website.   

[GROG]

I realize that, however above 15$ for what? an month? a day? an hour? What triggers the resumption of distributions? Is it automated? Does the fund manager wake up one day and decides its a good day to resume distributions? Is it arbitrary?  Just looking at what to expect in the coming weeks/months

[slst]

Generally every middle of the Month.  Sometimes a few days later.  If the combined NAV of the units are above $15 + the distribution, they will anounce the payment.  So its one particulat Day every month. At the moment, we are 7% away.  We need their portfolio to go up 7% to make that 99 cents over threshold, to resume the distribution.  Lets hope its not too much longer

[navgod]

Usually it is the third Thursday of the month - Thursday is their NAV calculation date.   

[flamingogold]

DGS trading at a discount is one incentive for holding here but we will need one heck of a blowoff top in the market for this to get into dividend territory and mainstain that level. I see a possible dividend in 2nd half of 2021 but will it be able to stay consistently above the threshold. For now, I own this purely for a capital appreciation opportunity and less so for the div.