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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 > Nice bounce in DGS holdings
View:
Post by mouserman on Mar 24, 2021 12:37pm

Nice bounce in DGS holdings

SO was busy buying up some more DGS, ( lower than where i sold) as i was sitting on some cash.... I think now there should be no doubt as to whether DGS gets a distribution this coming month. Still up for debate as to whether they can pay steadily for months to come...if so, a 22% yield is quite attractive .
Comment by itsthehitman on Mar 24, 2021 3:00pm
Just announced 3 minutes ago paying class a shares .10 cents Finally some light at the end of tunnel
Comment by joseupnorth13 on Mar 24, 2021 3:19pm
Hopefully this is not the end ot the tunnel. I hope thay can eventually recover to pre-Aug 2018 declines, and slowly climb back up to $8/sh over the next 5 years. Slow and steady as I am taking advantage of the DRIP, which will increase my dividends received, pre-retirement. Slow and steady.
Comment by joseupnorth13 on Mar 24, 2021 3:13pm
DGS is giving a press relaease tonight to determine if they are going to pay dividends. Fingers crossed, as I calculated my investment and retirement stratedy around they recovering and paying dividends starting 3rd quarter.
Comment by flamingogold on Mar 24, 2021 3:30pm
Outside of tech almost every sector got hit hard with covid this last year. Many of these sectors will continue to improve as we come out of covid with tech being the laggard here. I think DGS is well positioned here post-pandemic with the a major hold of 18% in industrials (which should do extremely well going forward), 27% financials (already rocking), 10% energy, 10% consumer discretionary, 8 ...more  
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