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Bullboard - Stock Discussion Forum 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... see more

TSX:DGS - Post Discussion

Dividend Growth Split Corp > Brompton DSG doesn't pay - again...
View:
Post by BSdetector2016 on Jan 25, 2021 5:48am

Brompton DSG doesn't pay - again...

What is the point of owning this woofer?
Comment by west24 on Jan 25, 2021 10:39pm
Roughly ~30% upside upon return of distributions which should happen within the next 3-6 months  (although I predict much sooner). 
Comment by flamingogold on Jan 26, 2021 10:55am
DGS is one of the most diversified splits so, as a result, it will take longer to get into distribution territory compared to the mostly bank and lifeco splits, which have recovered more quickly than the overall economy. If you believe in improved global economies in 2H 2021 and throughout 2022, DGS will offer substantial captial gains and eventually a 30% yield from this level. Patience rewards.
Comment by GROG on Jan 26, 2021 3:01pm
Agreed, and I will continue to buy up to 4.00$ as this is way undervalued.  If you dont need the yield to survive, getting in on this split before is recovers completely might reward you richly in the next 60 days.