Global Dividend Growers Income Fund (T:GDG.UN)
Business Focus: Closed End Funds
| Sector: Financials | Industry: Closed End Funds |
| Company Contact | |
| Address: | 812 Memorial Drive NW CALGARY AB T2N 3C8 |
| Tel: | N/A |
| Website: | N/A |
| IR: | N/A |
| Key People | ||
| Vincenzo E. Greco Chairman of the Board of the Manager | Francisco Z. Ramirez President, Chief Executive Officer, Chief Compliance Officer, Director of the Manager | Catherine E. Rebuldela Chief Financial Officer, Vice President, Secretary, Director of the Manager |
| Business Overview |
| Global Dividend Growers Income Fund (the Fund) is a closed-end investment fund. The investment objectives of the Fund are to provide unitholders with stable monthly cash distributions and to grow distributions over time and enhance long-term total return through capital appreciation of the Fund's investment portfolio. The Fund invests approximately 30% and till approximately 70% of its assets in an equally weighted passively managed diversified portfolio consisting of the equity securities of publicly listed issuers by market capitalization globally, which have exhibited cumulative dividend growth of approximately 10% over the five-year period ending on the date prior to the date of re-balancing, as well as an indicated dividend yield of approximately 3%. The Fund invests in a range of sectors, such as technology, utilities, consumer discretionary, financials, healthcare, communication services, consumer staples, and industrials. Middlefield Limited is the manager of the Fund. |
| Financial Overview |
| For the six months ended 30 June 2022, Middlefield Sustainable Glbal Dvdend ETF revenues decreased from C$6.2M to -C$15.2M. Net loss totaled C$15.9M vs. income of C$5.6M. Revenues reflect Unrealized G/L on Investment Securities decrease from C$2.6M to -C$21M, Unrealized Foreign Exchange G/L -Capital decrease of 99% to C$1K, Income from Investments decrease of 5% to C$886K. Dividend per share decreased from C$0.37 to C$0.12. |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $6.06M as of Jun 30, 2022 |
| Annual revenue (TTM): | $-4.94M as of Jun 30, 2022 |
| EBITDA (TTM): | -$6.06M as of Jun 30, 2022 |
| Net annual income (TTM): | -$6.28M as of Jun 30, 2022 |
| Free cash flow (TTM): | $5.70M as of Jun 30, 2022 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 5,231,392 as of May 25, 2023 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
Disclaimer :: Use of this site is subject to, and your continued use
constitutes your express agreement to be bound by, our Legal and Terms of Use. Any commercial use of this site is
strictly prohibited. Canadianinsider.com is operated by INK Research Corp (INK). INK provides general information.
INK has made all reasonable efforts to ensure that all information provided is accurate at the time of inclusion;
however, there may be errors. INK makes no guarantee of accuracy or completeness. All information and opinion
expressed herein is subject to change without notice. Read more...Insider information is based on filings made on the System
for Electronic Disclosure for Insiders (SEDI®). Data is provided “as is” and by using this site
you acknowledge that the information which comprises the data is filed by or on behalf of the SEDI filers or other
parties legally required or permitted to do so. Filings may at any time contain errors and by using this site you
acknowledge this fact. INK is not an investment advisory service, a financial planner, an investment advisor nor a
securities advisor. INK does not purport to tell people, or suggest to people, what they should buy or sell for
themselves. Opinions and recommendations contained herein should not be construed as investment advice. Do not
assume that any recommendations, insights, charts, theories, or philosophies will ensure profitable investment.
Users should always consult with and obtain advice from their professional licensed financial advisor, including
their tax advisor, to determine the suitability of any investment. INK recommends that anyone making an investment
or trading securities do so with caution. Users should perform full due diligence and investigate any security
fully before making an investment or before the execution of a security trade based upon information learned
through INK. Investors should obtain annual reports and other company information to complete their own due
diligence in any investment. Neither INK nor anyone affiliated with INK is responsible for any investment decision
made. INK employees may have an ownership or investment interest in any stock mentioned in this service or on this
website. On this site, there may be third party content, content from authors or links to third-party sites or
pages, the contents of which are not verified, maintained, controlled or supervised by INK. INK is not responsible
for and assumes no liability for the accuracy, completeness or timeliness of any third party content or authored
content provided herein or the information or contents of any linked sites or pages. The inclusion of any authored
content or link by us does not imply that INK recommends, approves or endorses the authored content or linked site
or pages. INK Edge® and INK Research® are registered trade-marks owned by INK Research Corp. SEDI®
is a registered trade-mark owned by the Alberta Securities Commission.Read less
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.
Interactive technical study charts by TradingView. Copyright © 2024 INK Research Corp. All rights reserved. All trade-marks or trade names not owned by INK Research Corp. are the property of their respective owners.
