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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 > DGS UNIT NAV reported @ $16.06 to AUG 05
View:
Post by mouserman on Aug 06, 2021 11:59am

DGS UNIT NAV reported @ $16.06 to AUG 05

So actually lost a few pennies on the week.. DGS commons value  now  at  $5.96 , after the prorated preferred distributions are taken off.
Trading at just under a 10% premium....
Comment by stardust5 on Aug 11, 2021 2:12pm
Is DGS paying dividends again? I used to own it but sold a couple of years ago.
Comment by JohnWalker on Aug 11, 2021 4:50pm
Yes they are. 18.2% yield at todays closing price. Another good one with a higher NAV (more safety) is FNN yielding 18.5% at todays closing price.
Comment by JohnWalker on Aug 11, 2021 4:52pm
Sorry ... fat fingers strike again. Should be FFN.
Comment by flamingogold on Aug 11, 2021 6:25pm
John... I own both but just for the record "safety" is more than a measurement of the NAV. FFN is far less diversifed than DGS and why the latter generally receives a larger premium.
Comment by EdPaquette on Aug 11, 2021 6:38pm
I think FFN has less premium because lots of investors dont know where or how to look up nav.  I admit i first found split funds with a screener looking for yeild.  Owned FTN  for years until the dividends suddenly stopped, then I did the research. 
Comment by Kadiddelhopper on Aug 11, 2021 9:10pm
Ed, I still have to rely on someone feeding me their calc of todays NAV.. Is there not a site that has it?   Yeah, I'm still learning!!   So which is preferable to the Other ? DGS, or FFN.? I want and need both, but I also don't want any Div suspensions... so I am leaning to FFN... Your Ideas please if you.ve the time..
Comment by EdPaquette on Aug 11, 2021 9:55pm
Here's a website that sometimes has some errors.... https://canadianpreferredshares.ca/compare-class-a-shares-of-split-share-corporations/quote=Kadiddelhopper]Ed, I still have to rely on someone feeding me their calc of todays NAV.. Is there not a site that has it?   Yeah, I'm still learning!!   So which is preferable to the Other ? DGS, or FFN.? I want and need both, but I also ...more  
Comment by Kadiddelhopper on Aug 12, 2021 1:02am
THx Ed... that website is quite useful...appreciate the help.