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Bullboard - Stock Discussion Forum Dividend Growth Split Corp T.DGS

Alternate Symbol(s):  T.DGS.PR.A | DDWWF

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

View:
Post by AnEducator on Jul 21, 2023 4:39pm

NAV July 21

~$15.19. Premium on capital shares: ~$0.19.

We closed solidly above the $15.10 payment threshold for this month. Next month will be much more challenging as the NAV needs to close at $15.24 to make the cut.
Comment by mouserman on Jul 21, 2023 8:35pm
Yes DGS will pay the preferreds in September for the month of August . I did note that the payout on preferreds for Dgs is less than the payout for LCS preferreds by almost 2 cents, quarterly.
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