Dividend Growth Split Corp. Renews ATM Equity Program to Raise $200 Million

Dividend Growth Split Corp. Class A ( (TSE:DGS) ) has issued an update.

Dividend Growth Split Corp. has renewed its at-the-market equity program, allowing it to issue Class A and Preferred shares at prevailing market prices through the Toronto Stock Exchange or other Canadian marketplaces. This program, effective until September 2026, aims to raise up to $100 million for each share class to support the fund’s investment objectives and strategies. The fund has a history of outperforming relevant indices, signaling strong potential returns for stakeholders.

More about Dividend Growth Split Corp. Class A

Dividend Growth Split Corp. is a fund that invests primarily in equity securities of Canadian dividend growth companies, with the possibility of holding up to 20% of its assets in global dividend growth companies. The fund aims to provide regular cash distributions and potential growth in net asset value for its Class A shares, while offering fixed cumulative preferential cash distributions for its Preferred Shares.

YTD Price Performance: 1.26%

Average Trading Volume: 134

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