Global Dividend Growth Split (TSE:GDV) Stock Price Down 1.9% - Here's Why

Global Dividend Growth Split Corp. (TSE:GDV - Get Free Report)'s share price fell 1.9% during mid-day trading on Thursday . The stock traded as low as C$12.65 and last traded at C$12.68. 18,416 shares were traded during mid-day trading, a decline of 18% from the average session volume of 22,426 shares. The stock had previously closed at C$12.92.Global Dividend Growth Split Trading Down 1.9%The firm has a market capitalization of C$201.71 million, a price-to-earnings ratio of 4.40 and a beta of 1.11. The firm's 50-day moving average is C$12.41 and its 200 day moving average is C$11.84. About Global Dividend Growth Split (Get Free Report)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.Featured ArticlesFive stocks we like better than Global Dividend Growth SplitYour Bank Account Is No Longer Safe“Fed Proof” Your Bank Account with THESE 4 Simple StepsWhen to buy gold (mathematically)NEW LAW: Congress Approves Setup For Digital Dollar?GOLD ALERTThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Global Dividend Growth Split Right Now?Before you consider Global Dividend Growth Split, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Global Dividend Growth Split wasn't on the list.While Global Dividend Growth Split currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here