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Dividend Growth Split (TSX:DGS.PR.A.PFD) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2023)


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What is Dividend Growth Split Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Dividend Growth Split's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was C$0.00 Mil. Dividend Growth Split's average total debt for the quarter that ended in Dec. 2023 was C$0.00 Mil. Therefore, Dividend Growth Split's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was N/A%.


Dividend Growth Split Effective Interest Rate on Debt % Historical Data

The historical data trend for Dividend Growth Split's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Dividend Growth Split Effective Interest Rate on Debt % Chart

Dividend Growth Split Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
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Dividend Growth Split Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Dividend Growth Split's Effective Interest Rate on Debt %

For the Asset Management subindustry, Dividend Growth Split's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dividend Growth Split's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Dividend Growth Split's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Dividend Growth Split's Effective Interest Rate on Debt % falls into.



Dividend Growth Split Effective Interest Rate on Debt % Calculation

Dividend Growth Split's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  0/( (0+0)/ 1 )
=-1  *  0/0
=N/A %

where

Dividend Growth Split's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  0/( (0+0)/ 1 )
=-1  *  0/0
=N/A %

where

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is two times the semi-annual (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Dividend Growth Split  (TSX:DGS.PR.A.PFD) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Dividend Growth Split Effective Interest Rate on Debt % Related Terms

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Dividend Growth Split (TSX:DGS.PR.A.PFD) Business Description

Traded in Other Exchanges
N/A
Address
181 Bay Street, Brookfield Place, Suite 2930, P.O. Box 793, Bay Wellington Tower, Toronto, ON, CAN, M5J 2T3
Dividend Growth Split Corp is a Canada-based mutual fund corporation. It invests in an equal-weighted portfolio comprised of large-capitalization Canadian equities that have a high dividend growth rate. Its investment objective of the company is to provide holders of preferred shares with fixed, cumulative, preferential quarterly cash distributions to return the original issue price to their holders and to provide holders of Class A shares with regular monthly cash distributions and the opportunity for growth in net asset value per Class A share. Its products include ETFs, Preferred shares, Split shares corps, and Other TSx traded funds.

Dividend Growth Split (TSX:DGS.PR.A.PFD) Headlines

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