Dividend Growth Split Corp T.DGS

Blew past pre-covid high

[flamingogold]

A post-covid global boom could push DGS to re-test 2016's highs of +$8. Sounds aggressive, but record amounts of government money was poured over global economies to fight this crisis. Household savings are at multi-decade highs just waiting to get spent which will pump corporate profits for several quarters.

[ehud42]

Honest question - as I'm seeing conflicting reports on this: And yet there are also reports of seemingly above normal number of households within $200 of insovency. https://www.bnnbloomberg.ca/53-of-canadians-within-200-a-month-of-insolvency-mnp-1.1587379 So which is it? Are we on the verge of a COVID collapsing economic catastrophy or a stimulus induced economic boom?  Or are

[bcsc]

Door number 3.

[flamingogold]

Both are correct. Unfortunately, while low rates can spur investment it also leads to excess indebtedness. Real estate across the nation has gone ballistic, much of this new debt is feeding mortgages. This is definitely a concern especially if we get rapid inflation which forces rates higher. Covid widend the wealth gap. Those owning stocks, business and real estate are doing well and saved more

[JohnWalker]

The composition of the current DGS fund is far from what it was in 2016. Longer term (2+ years) I see it having the potential to far exceed those highs.

[flamingogold]

John, good point. The fund really struggled to get back to regularly paying after the 2018 Dec crash. The rebalancing since sets the stage to take advantage of the global recovery.