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Bullboard - Stock Discussion Forum Dividend Growth Split Corp T.DGS

Alternate Symbol(s):  T.DGS.PR.A | DDWWF

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 to JAN 10 = approx: $14.87
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Post by mouserman on Jan 10, 2023 4:23pm

DGS unit nav to JAN 10 = approx: $14.87

SO i am still using the last list of updated holdings for DGS, and not sure if many changes have been made to start the new year. Today at the close the gain would 19 cents for the UNIT NAV, and that puts it at $14.87.... not exactly a bullish number in my books. BUT it did not stop buyers from pushing up the shares to close up 3 pennies @ $6.10.
The holdings did bounce back a bit late in the day, and only lost 5 cents since yesterday.
SP the premium today would be $1.23 on a split fund common that wouldnt be paying  to commons if we see the UNIT NAV go sideways for a few days. That premium works out to  25%.
Riverboat gamblers buying this one.
Comment by bubba9 on Jan 11, 2023 11:27am
I am putting my money on the river card and holding. The market has no direction 
Comment by Bagobags on Jan 12, 2023 1:17pm
Folded QQ preflop (3.90 abc sold in October).
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