Dividend Growth Split Corp T.DGS

Stimulus bill passes in Washington

[EdPaquette]

With 10 days until decision day for distributions, and stimulus package passed, I think it will be above the threshold to pay.

[JohnWalker]

Passage of the Stimulus Bill may become a case of "Buy the Rumour and Sell the News". I fear we may see a significant drop in the markets, delaying DGS from restarting Class A dividend payments. Nonetheless, I've already placed a fairly big bet on DGS and if we see a drop I will add more to that bet.

[flamingogold]

I have thought the same, but it's impossible to time the market. A general market correction will arrive eventually (Nasdaq is already down 10%). Diversified splits though will likely do better in a correction this time around compared to single sector splits. The latter roared back quickly with the covid reopening play while the diversified ones were tepid. However, diversifieds will handle

[majortom75]

What are your thoughts on the impact of the covered call strategy on the preservation of the NAV vs the recent decrease of the underlyings?  In a falling market, the calls could be written closer to the money and generate higher premiums which would at least partially offset the drop in the underlyings.