Dividend Growth Split Corp T.DGS

NAV November 17

[AnEducator]

~$15.11. Discount on capital shares: ~$0.12. Distance from payment threshold: ~0.87%.

If Brompton decides to use a coming mid-week NAV in their declaratons, DGS may yet announce a dividend this month. In my opinion, that would be optimistic. It would seem far more prudent to keep the funds invested instead of paying out a dividend, thereby increasing the likelihood of paying a dividend in subsequent months.

[marketsense]

Agree.  If today is any example how DGS might trend,  I would be quite happy to see  the commons continue to appreciate up to and over $5.  I'll take some of that missed dividend in the form of capital gain thank you very much.  I noticed some pretty hefty asks being taken out today.  There was 55K on the ask at $4.86 and another 35k a bit lower which both went by

[NoShoesNoShirt]

that was me at 4.86.  I moved that money into FTN. Still have 50,000 shares of DGS. 

[marketsense]

Well, are you keeping the rest is my question.  Your ask got taken out which makes me think there is quite a level of interest.  Quite a change from a week or so ago.  

[NoShoesNoShirt]

I trade on emotions and guts. That’s why I lost my shirt. Whatever I say today, Monday may overtake my plans. 

[Eoj123]

yup yup yup, everyone's a millionaire on an anonymous bullboard

[NoShoesNoShirt]

Canadian Account Positions           Description(currently sorted ascending)Sort By Description, Descending Symbol(currently sorted ascending)Sort By Symbol, Descending Quantity Average Cost Market Price Book Value(currently sorted ascending

[NoShoesNoShirt]

The rest is spread among various registered accounts. 

[mouserman]

My estimate is within a penny of AnEducators, and with DGS having to pay to preferreds this month the UNIT NAV needs to rise another 14 cents.. or so. I have a feeling Brompton is going to use the latest date possible.  Normal for them to use the 2nd last thursday closing UNIT NAV  in the month for the calculation.

[GROG]

Thursday is the US Thanksgiving holiday, I wonder if this will have an impact on their decision?