Overview
Description
Dividend Growth Split Corp. Preferred 6.75%, as a financial asset, represents the preferred shares issued by the Dividend Growth Split Corporation. Its primary function is to provide investors with a stable income stream, derived from dividends. These preferred shares offer a fixed annual dividend rate of 6.75%, making them attractive for those seeking regular income with a stronger emphasis on capital preservation compared to its common share counterparts.
Preferred shares like Dividend Growth Split Corp. 6.75% are generally considered less risky due to their preferential status in dividend payments and claim in the event of liquidation. The issuing corporation, Dividend Growth Split, typically focuses on providing investors with total returns through capital growth and dividend income, targeting a diversified portfolio of large-capitalization companies with a history of strong dividend growth.
Within the financial market, these preferred shares play a vital role for conservative investors by offering higher yields relative to traditional government bonds while maintaining stability. They also offer predictable cash flows and hold appeal for income investors seeking diversification in their income portfolios.
About
CEO
Employees
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Address
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Phone
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Website
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Instrument type
Preferred stock
Sector
Industry
Country
Canada
MIC code
XTSE