Global Dividend Growth Split (TSE:GDV) Trading Up 0.1% – Should You Buy?

Global Dividend Growth Split Corp. (TSE:GDV) shares were up 0.1% on Tuesday . The stock traded as high as C$10.84 and last traded at C$10.84. Approximately 46,603 shares were traded during trading, an increase of 22% from the average daily volume of 38,221 shares. The stock had previously closed at C$10.83.

Global Dividend Growth Split Stock Performance

The company has a market capitalization of C$172.79 million and a P/E ratio of 3.03. The business’s fifty day simple moving average is C$10.78 and its 200-day simple moving average is C$10.73.

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.