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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

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Post by AnEducator on May 02, 2023 11:26am

NAV

Currently ~$15.01 after a truly dismal morning. The premium here, with the capital shares trading at $5.52, is still an elevated $0.60 given the Unit NAV is now approximately $0.23 underwater. Of course, much can change between now and May 18, which I expect to be the date on which the NAV will be used to determine whether or not a dividend will be declared a few days later.
Comment by mouserman on May 02, 2023 1:49pm
Yes not looking goood for DGS, probablu whishing they had a bigger weighting in gold stocks today, rather than oil.