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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 is paying Class A Share
View:
Post by jeanstk on May 17, 2023 10:50am

DGS is paying Class A Share

At the current price, Yield=21.505, Payable on June 14, 2023!!
Comment by mouserman on May 17, 2023 10:56am
Not even close. Calculation date will be tomorrow. My spreadsheet has DGS under 15$ THRESHHOLD BY QUITE A LOT...  and in fact DGS needs to be at $15.24 to pay this month, since both preferreds and commons need to be paid. Brompton is not like Quadravest which will pay at around 15$ level even if distributions put the UNITNAV below 15 $ after they are paid.
Comment by jeanstk on May 17, 2023 11:34am
According to Stockhouse they are. Is this wrong information? If you look at Fundamentals Snapshot (TSX:DGS) looks like they are paying.
Comment by mouserman on May 17, 2023 2:10pm
Stockhouse and even some of the banks brokerages will show DGS paying a distribution of that amount, as they havent  got the updated  info, to show DGS only paid out to Commons on May 12 , but missed the 2 prior months. Annual yield is not over 20% if you count missed distributions in a year. DGS missed paying for Feb and March .... BUT the calculation date is not yet here for the month ...more  
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