The stock of Dividend Growth Split Corp. (TSE:DGS) is a huge mover today! About 24,180 shares traded hands. Dividend Growth Split Corp. (TSE:DGS) has risen 8.00% since April 12, 2016 and is uptrending. It has outperformed by 3.31% the S&P500.
The move comes after 9 months positive chart setup for the $166.67 million company. It was reported on Nov, 16 by Barchart.com. We have $20.38 PT which if reached, will make TSE:DGS worth $311.67 million more.
More notable recent Dividend Growth Split Corp. (TSE:DGS) news were published by: Marketwired.com which released: “Dividend Growth Split Corp. Announces Treasury Offering” on April 26, 2016, also Marketwired.com with their article: “Dividend Growth Split Corp. Declares Distribution and Announces Initiation of DRIP” published on September 21, 2016, Marketwired.com published: “Dividend Growth Split Corp. Announces Pricing & Sizing of Treasury Offering” on September 09, 2016. More interesting news about Dividend Growth Split Corp. (TSE:DGS) were released by: Theglobeandmail.com and their article: “Torn between high yield, capital loss at Dividend Growth Split” published on August 28, 2015 as well as Stockhouse.com‘s news article titled: “IIROC Trade Halt – Dividend Growth Split Corp.” with publication date: January 07, 2016.
Dividend Growth Split Corp. is a mutual fund company. The company has a market cap of $166.67 million. The objective of the Fund is to provide holders of Preferred shares with fixed, cumulative, preferential, quarterly cash distributions and to return the original issue price of approximately $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 approximately $0.10 per share, and the opportunity for growth in Net Asset Value per share. It currently has negative earnings. The Fund invests in an equal-weighted portfolio consisted of Canadian equities.