Global Dividend Growth Split (TSE:GDV) Shares Up 0.4% – Here’s What Happened

Shares of Global Dividend Growth Split Corp. (TSE:GDV) traded up 0.4% during trading on Tuesday . The stock traded as high as C$12.15 and last traded at C$12.04. 13,988 shares were traded during trading, a decline of 41% from the average session volume of 23,640 shares. The stock had previously closed at C$11.99.

Global Dividend Growth Split Stock Down 1.3%

The stock has a market capitalization of C$190.74 million, a PE ratio of 4.16 and a beta of 1.00. The stock’s 50-day moving average is C$12.76 and its 200 day moving average is C$12.20.

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.