Global Dividend Growth Split (TSE:GDV) Shares Up 0.5% – What’s Next?

Shares of Global Dividend Growth Split Corp. (TSE:GDV) rose 0.5% during trading on Tuesday . The company traded as high as C$12.34 and last traded at C$12.24. Approximately 37,765 shares were traded during trading, an increase of 24% from the average daily volume of 30,448 shares. The stock had previously closed at C$12.18.

Global Dividend Growth Split Stock Performance

The business’s 50-day moving average is C$12.00 and its 200-day moving average is C$11.49. The company has a market capitalization of C$195.03 million, a PE ratio of 4.26 and a beta of 0.95.

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.