Dividend Growth Split Corp T.DGS

DGS unit nav Reported @ $15.17 to DEc 14

[mouserman]

So its a lock that they use todays NAV  report for the distributions coming up to DGS.  Obviously my spreadsheet was a bit low, as some of the holdings out of the top 24 had big moves..

[AnEducator]

It's the reported 9.0% cash position that influenced the calculations. I am certain almost all of it was used to pay for the retractions and dividends, so the portfolio was in reality almost fully invested as of last week. That made a huge difference.

[mouserman]

Well longs should hope that Brompton uses yesterdays numbers for the distribution announcement... very red list of the holdings  today...

[ClydeTower]

If they reported the NAV @ 15.17 yesterday, why wouldn't they use that to determine if distributions will be made?

[Prostiak]

Why is it a lock? Can you explain?

[AnEducator]

To my knowledge, Brompton always uses the closing NAV of the final Thursday before the declaration deadline, which is five business days before the record date. This means yesterday's closing NAV of $15.17 as reported this morning would be the one which will be used to determine distributions. There is nothing preventing Brompton from using another NAV so long as they meet the deadline set by

[Inglewood]

Thank you, professor. The sharing of nuannces and tidbits of info, leanings, probabilities, experiences... all so helpful and love seeing it. Those that share are doing a great service to many. Inspires me to do more, in my world and here. 

[marketsense]

I echo those sentiments.  I can assure everyone that that those of us who follow the split world are very grateful to those posters who seem willing and able to share their time and research on a consistent basis.  I feel humbled by their dedication but at the same time am also spurred to work at this harder and deepen my limited understanding and knowledge.  I thought I knew a few

[Donwaan]

I would think with DFN having just declared a December distribution it would give Brompton added incentive for DGS to do likewise. Hope so!