From Globe Newswire: 2024-08-27 09:58:00

Dividend Growth Split Corp. has renewed its at-the-market equity program to issue Class A and Preferred Shares through the Toronto Stock Exchange, with RBC Capital Markets as the Agent. The maximum gross proceeds from the issuance of shares will be $75 million each for the Class A and Preferred Shares until September 1, 2026. The Fund invests in Canadian dividend growth companies and may hold up to 20% in global dividend growth companies. The Class A Shares aim to provide monthly cash distributions, while the Preferred Shares offer fixed quarterly cash distributions. Over the last 10 years, Class A Shares have delivered an 11.4% total return, outperforming the S&P/TSX Composite Index by 4.0% per annum. Preferred Shares have returned 5.5% per annum, outperforming the S&P/TSX Preferred Share Index by 3.0% per annum.

Founded in 2000, Brompton Funds is an experienced investment fund manager offering income-focused investment solutions. Investors seeking further information can contact their investment advisor, call Brompton’s investor relations line, email [email protected], or visit the website. Performance data for Dividend Growth Split Corp. from 1 year to 10 years show compound annual returns on Class A and Preferred Shares compared to the S&P/TSX Composite Index, S&P/TSX Composite High Dividend Index, and S&P/TSX Preferred Share TR Index. The Fund invests in an actively managed portfolio that is rebalanced annually. Past performance does not guarantee future results. Investors should be aware of brokerage fees, ongoing fees, and expenses associated with owning shares of an investment fund. Forward-looking information may be outlined in public filings related to the Fund and may include statements regarding future financial performance.



Read more at Globe Newswire: Dividend Growth Split Corp. Renews At-The-Market Equity