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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TSX:DGS - Post Discussion

Dividend Growth Split Corp > DGS unit NAv to Sept. 1 = approx: $15.71 BEFORE dist.

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Post by mouserman on Sep 01, 2022 5:46pm

DGS unit NAv to Sept. 1 = approx: $15.71 BEFORE dist.

So Brompton should updte tomorrow, but i see the commons value as settling right around the $5.47 mark after distributions to both commons and preferred are deducted off the NAV.
Last trade @ $6.15 makes the premium very small after a 5.38% selloff today.
Premium works out to 12.43 % after distributions.

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Comment by scarface9 on Sep 02, 2022 9:21am

Posted NAV of 5.36 on commons today. Does that take distributions into account or did they fall worse than expected?

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Comment by mouserman on Sep 02, 2022 9:26am

Yes that did take into account the distributions to commons of 10 cents and also 14 cent quarterly distribution to preferreds. UNIT NAV is now $15.36 My estimate was low as BDIV ( biggest holding) had fallen more than i had estimated.

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