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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 to FEB 28 = approx: $14.90 before dist.
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Post by mouserman on Feb 28, 2023 5:38pm

DGS unit nav to FEB 28 = approx: $14.90 before dist.

DGS has actually gained a couple of pennies since the last update, and diversification with more oil , gold, metals etc and of course some good lifecos, have helped them move up. BDIV their biggest holding has lost quite a lot in the 3 sessions since the update , not helping at all.
So commons would carry a value of  4.76 after distributions are paid to preferreds , so a bit of an uphill struggle to get back 15$ level for UNIT NAV.
Comment by flamingogold on Feb 28, 2023 6:38pm
Fence sitters might want to consider stepping in during any March selloff. The month is usually volatile and may produce an opportunity to take a decent position. I don't believe the market is going down for the count, just a correction to the overhyped start of the year. S&P 3780 would be a buy imo.
Comment by mouserman on Feb 28, 2023 9:08pm
For sure i would look to buy DGS back if it falls to a level where it is trading at a discount. Not buying into a nonpayer trading at a big premium tho. 
Comment by bubba9 on Mar 01, 2023 1:12pm
I'll start edging back in @ $5.75. Not sure anyone cares what I am doing but there you have it. 
Comment by Inglewood on Mar 01, 2023 1:21pm
I would say closer to the $5 mark... should be trading at a slight discount to NAV if not paying the dividend... At these prices, FFN is the better buy, provided your okay with the lack of diversification
Comment by ehud42 on Mar 01, 2023 1:38pm
Looks like you are about to get your wish. Dropping now.
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