Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 > Partial cover of short position
View:
Post by Mmb060 on Jun 14, 2023 11:07am

Partial cover of short position

Covered part of my short position at 5.18 (48c premium)...
Comment by AnEducator on Jun 14, 2023 11:25am
Sure, the premium hasn't been this low for a very long time. However, another missed payment or two ought to cause investors to question the appropriate premium that a non-paying investment deserves.  The significant decline in the short position is also an important consideration as it should result in less buying support. Unless the markets continue to rise, I suspect the premium ...more