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

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Dividend Growth Split Corp > DGS guesstimate to AUG 11= approx: $15.92 unit nav

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Post by mouserman on Aug 11, 2022 7:35pm

DGS guesstimate to AUG 11= approx: $15.92 unit nav

So my spreadsheet, ( not sure how accurate) shows a 41 cent gain, if they have close to the same holdings and weightings as a week ago.
That values the commons at around $5.92 BEFORE preferred dist are taken off, and $5.81 or so after they are deducted. Even taking the commons value @ $5.81 , DGS still trading at a very low premium to NAV. Last sale @ $6.61 means the premium is about 80 cents or approx: 13.7%..
Yield after the jump today would be 18.15% annually

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