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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...
growth in Net Asset Value per Class A share. The Fund invests, on an approximately equally weighted basis, in a portfolio consisting primarily of equity securities of Canadian dividend growth companies. In addition, the Fund may hold up to 20% of the total assets of the portfolio in global dividend growth companies for diversification and improved return potential, at the Managers discretion.
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TSX:DGS - Post Discussion
Dividend Growth Split Corp
> Dividend Announced Class A
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•••
ace1mccoy
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Post by
ace1mccoy
on Mar 24, 2021 2:59pm
Dividend Announced Class A
Dividend Growth Split Corp. Declares Class A Share Distribution
2021-03-24 02:54:08 PM ET (GlobeNewswire)
(TSX: DGS) Dividend Growth Split Corp. ("DGS") is pleased to announce a distribution payable on April 15, 2021 to class A shareholders of record at the close of business on March 31, 2021 in the amount of $0.10 per class A share.
This distribution for the class A shares of DGS is being announced for March as the net asset value per unit of DGS as at March 18, 2021 (after taking into account the payment of cash distributions) was greater than $15.00. Cash distributions may be paid on the class A shares if (a) the distributions payable on the preferred shares are not in arrears, or (b) after the payment of cash distributions, the net asset value per unit would be greater than $15.00. Each month, DGS reviews whether the net asset value per unit meets these requirements in order to determine if a class A share distribution will be announced for such month.
DGS offers a distribution reinvestment plan ("DRIP") for class A shareholders which provides class A shareholders with the ability to automatically reinvest distributions, commission free, and realize the benefits of compound growth. Class A shareholders can enroll in a DRIP program by contacting their investment advisor.
About Brompton Funds
Founded in 2000, Brompton is an experienced investment fund manager with income focused investment solutions including TSX traded closed-end funds and exchange-traded funds. For further information, please contact your investment advisor, call Brompton's investor relations line at 416-642-6000 (toll-free at 1-866-642-6001), email info@bromptongroup.com or visit our website at www.bromptongroup.com.
You will usually pay brokerage fees to your dealer if you purchase or sell shares of the investment fund on the Toronto Stock Exchange or other alternative Canadian trading system (an "exchange"). If the shares are purchased or sold on an exchange, investors may pay more than the current net asset value when buying shares of the investment fund and may receive less than the current net asset value when selling them.
There are ongoing fees and expenses associated with owning shares of an investment fund. An investment fund must prepare disclosure documents that contain key information about the fund. You can find more detailed information about the fund in the public filings available at www.sedar.com. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.
Certain statements contained in this document constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to matters disclosed in this document and to other matters identified in public filings relating to the fund, to the future outlook of the funds and anticipated events or results and may include statements regarding the future financial performance of the fund. In some cases, forward-looking information can be identified by terms such as "may", "will", "should", "expect", "plan", "anticipate", "believe", "intend", "estimate", "predict", "potential", "continue" or other similar expressions concerning matters that are not historical facts. Actual results may vary from such forward-looking information. Investors should not place undue reliance on forward-looking statements. These forward-looking statements are made as of the date hereof and we assume no obligation to update or revise them to reflect new events or circumstances.
(9)
•••
SmellsofMoney
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Comment by
SmellsofMoney
on Mar 24, 2021 4:03pm
YEAHHHHH!!! HERE WE GOOO!!!
(9)
•••
jeanstk
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Comment by
jeanstk
on Mar 24, 2021 4:11pm
WOOHOO$$
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