23:30:11 EDT Wed 12 Aug 2026
Enter Symbol
or Name
USA
CA



Dividend Growth Split Corp
Symbol DGS
Shares Issued 60,617,006
Close 2026-08-12 C$ 8.54
Market Cap C$ 517,669,231
Recent Sedar+ Documents

Dividend Growth Split closes overnight offering

2026-08-12 21:11 ET - News Release

An anonymous director reports

DIVIDEND GROWTH SPLIT CORP. ANNOUNCES SUCCESSFUL OVERNIGHT OFFERING

Dividend Growth Split Corp. has had a successful overnight treasury offering of Class A shares and preferred shares. Gross proceeds of the offering are expected to be approximately $101.5-million. The offering is expected to close on or about Aug. 19, 2026, and is subject to certain closing conditions. The fund has granted the agents (as defined below) an overallotment option, exercisable for 30 days following the closing date of the offering, to purchase additional Class A shares and preferred shares up to such number as is equal to 15 per cnet of the number of Class A shares issued at the closing of the offering.

The Class A shares were offered at a price of $8.75 per Class A share for a distribution rate of 13.7 per cent (1) (2) on the issue price and the preferred shares were offered at a price of $10.75 per preferred share to yield 6.3 per cent (2).

The syndicate of agents for the offering was led by RBC Capital Markets, CIBC Capital Markets, National Bank Financial Inc. and Bank of Nova Scotia, and included Hampton Securities Ltd., Canaccord Genuity Corp., BMO Capital Markets, Raymond James Ltd., TD Securities Inc., iA Private Wealth Inc., CI Investment Services Inc., Manulife Wealth Inc., Research Capital Corp., Ventum Financial Corp. and Wellington-Altus Private Wealth Inc.

The fund invests in a portfolio consisting primarily of equity securities of Canadian dividend growth companies. In addition, the company may hold up to 20 per cent of the total assets of the portfolio in global dividend growth companies for diversification and improved return potential, at the discretion of Brompton Funds Ltd. In order to qualify for inclusion in the portfolio, at the time of investment, each dividend growth company included in the portfolio must have: (i) a market capitalization of at least $2.0-billion; and (ii) a history of dividend growth or, in Brompton's view, high potential for future dividend growth.

About Brompton Funds Ltd.

For over 25 years, Brompton has been providing unique, well-conceived investments for Canadians, with a focus on low management fees, performance-driven diversification strategies, and attractive income and growth solutions for various market cycles.

A short form base shelf prospectus containing important detailed information about the securities being offered has been filed with securities commissions or similar authorities in each of the provinces and territories of Canada. Copies of the short form base shelf prospectus may be obtained from a member of the syndicate. The fund intends to file a supplement to the short form base shelf prospectus, and investors should read the short form base shelf prospectus and the prospectus supplement before making an investment decision. There will not be any sale or any acceptance of an offer to buy the securities being offered until the prospectus supplement has been filed with the securities commissions or similar authorities in each of the provinces and territories of Canada.

(1) No distributions will be paid on the Class A shares if: (i) the distributions payable on the preferred shares are in arrears; or (ii) in respect of cash distributions, after the payment of cash distributions by the fund the net asset value (NAV) per unit would be less than $15.

(2) Annualized yield on offer price. See the attached performance table.

Returns are for the periods ended July 31, 2026, and are unaudited. The table shows the past performance of the fund. The performance information shown is based on NAV per Class A share and the redemption price per preferred share, and assumes that cash distributions made by the fund during the periods shown were reinvested at NAV per Class A share and the redemption price per preferred share in additional Class A shares and preferred shares of the fund. Past performance does not necessarily indicate how the fund will perform in the future.

We seek Safe Harbor.

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