Dividend Growth Split Corp T.DGS

DGS unt nav at 15.80$ to april 29

[mouserman]

SO that was quite a bit higher than i had for the DGS, and a pleasant surprise.
SO NAV for commons actually at  $5.71 and not real bad for a safety margin above the threshhold.
I do think it makes the likelihood of an offering quite low here, as usually Brompton , AND Quadravest, for that matter , have a hard time selling the units when the commons are so close to falling below the threshhold. Normally should be at least a buck above 15$ in UNIT NAV.

[navgod]

Agree that you don't usually see an issue when the NAV is this close to $5 but you usually don;t have this level of premium in that situation. To me the premium is the more important factor along with the fact that Brompton does not really have any other split shares with secondary issue qualification. Either NAV goes down towards $5 and the market price falls or the NAV doesn't go down

[flamingogold]

Or the price holds or slows in appreciation while the NAV catches up. I can see an issue in the $6's, anything below is greed and a hit to investor confidence, especially for a fund looking to rebuild after struggling to pay consistent dividends over the last 2 years.

[JRand3]

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[EdPaquette]

Just normal fluctuation of a mid volume stock.  It pays nicely and has enough of a buffer to likely keep paying for a while.