Global Dividend Growth Split Corp. (TSE:GDV – Get Free Report)’s stock price traded down 1.4% during trading on Tuesday . The stock traded as low as C$11.68 and last traded at C$11.72. 44,326 shares traded hands during mid-day trading, an increase of 37% from the average session volume of 32,242 shares. The stock had previously closed at C$11.89.
Global Dividend Growth Split Stock Down 0.1%
The firm has a 50 day moving average price of C$12.49 and a two-hundred day moving average price of C$12.48. The company has a market capitalization of C$218.42 million, a price-to-earnings ratio of 4.76 and a beta of 1.13.
About Global Dividend Growth Split
The Funds investment objectives are to provide holders of Preferred shares with fixed, cumulative, preferential quarterly cash distributions of 0.1250 per Preferred share and to return the original issue price of 10.00 per Preferred share to Preferred shareholders on the maturity date of June 30, 2021, subject to extension for successive terms up to five years as determined by the board of directors of the Fund and to provide holders of Class A shares with regular monthly non cumulative cash distributions, targeted to be 0.10 per share, and the opportunity for growth in Net Asset Value per share through exposure to the Portfolio.
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