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 > Prediction:

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Post by EdPaquette on Feb 23, 2023 6:15pm

Prediction:

WITHIN 12 months DGS will consolidate shares. Look at a 10 year chart and notice each recovery is lower. It paid out 10x in the last year but the future is dim for DGS.

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Comment by flamingogold on Feb 23, 2023 8:02pm

Ed, a recession might do it, if that is what you are predicting. I am not. DGS is still holding above pre-covid levels still whereas DFN which is paying more regularly is not. A recession will wipe out most, if not all, splits, not just DGS. Even SBC went into the ditch during covid. No split will be immune.

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Comment by EdPaquette on Feb 23, 2023 8:17pm

DGS got a one time windfall because of the war. Energy, fertilizer etc in the last year will not likely help in the coming year.

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Comment by flamingogold on Feb 23, 2023 8:43pm

If so, then credit goes to the fund managers for buying into what was going to see higher valuations. You are assuming this is a stagnant basket of equities. Prior to covid, DGS had a stellar record of paying and no war that helped the cause. The managers are active here, I have faith they can adjust with the changing market landscape.

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Dividend Growth Split Corp