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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

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Post by AnEducator on Mar 09, 2024 12:17am

NAV March 8

~$15.75. Premium: ~$0.10. We have a significant ~4.13% cushion over the threshold with nine trading days to go.

There seems to be very little in the way of a catalyst to upend the current rally as every dip is met with money pouring in. The next Fed meeting is still over a week away with a low chance of any surprise announcement.
Comment by marketsense on Mar 10, 2024 1:50pm
Indeed.  DGS is on track for paying out going forward.  That is a game changer and  will continue to attract money with such a modest premium and attractive yield.  Their aggressive approach to portfolio management is working for them right now and the  macro environment is positive.  The more stable the dividend becomes the more  investors will drive the premium ...more