Global Dividend Growth Split Corp Class A
Global Dividend Growth Split Corp. is an equity mutual fund launched and managed by Brompton Funds Limited. The fund invests in the public equity markets across the globe. It invests in the growth stocks of companies with large-capitalization. Global Dividend Growth Split Corp. was formed on April 24, 2018 and is domiciled in Canada
Global Dividend Growth Split Corp Class A (GDV) - Net Assets
Latest net assets as of June 2025: CA$189.73 Million CAD
Based on the latest financial reports, Global Dividend Growth Split Corp Class A (GDV) has net assets worth CA$189.73 Million CAD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$356.72 Million) and total liabilities (CA$167.00 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$189.73 Million |
| % of Total Assets | 53.19% |
| Annual Growth Rate | 32.71% |
| 5-Year Change | 312.67% |
| 10-Year Change | N/A |
| Growth Volatility | 58.72 |
Global Dividend Growth Split Corp Class A - Net Assets Trend (2018–2024)
This chart illustrates how Global Dividend Growth Split Corp Class A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Global Dividend Growth Split Corp Class A (2018–2024)
The table below shows the annual net assets of Global Dividend Growth Split Corp Class A from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$174.46 Million | +33.12% |
| 2023-12-31 | CA$131.05 Million | +29.86% |
| 2022-12-31 | CA$100.92 Million | -10.97% |
| 2021-12-31 | CA$113.36 Million | +168.13% |
| 2020-12-31 | CA$42.28 Million | +2.05% |
| 2019-12-31 | CA$41.43 Million | +29.76% |
| 2018-12-31 | CA$31.92 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Global Dividend Growth Split Corp Class A's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$174.46 Million | 100.00% |
| Total Equity | CA$174.46 Million | 100.00% |
Global Dividend Growth Split Corp Class A Competitors by Market Cap
The table below lists competitors of Global Dividend Growth Split Corp Class A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Samurai Capital Corp
V:SSS-P
|
$86.34K |
|
BROOKDALE SR LIVING
BE:B7S
|
$86.38K |
|
BIG PHARMA SPLIT CL.A
F:XN4
|
$86.39K |
|
Fonu2 Inc
PINK:FONU
|
$86.42K |
|
Federal National Mortgage Association Fannie Mae
BE:FNM
|
$86.12K |
|
243870
KO:243870
|
$86.09K |
|
Shinhan Brent Futures ETN
KO:500004
|
$85.96K |
|
NET ZERO INFRASTR. LS-01
F:76Y
|
$85.93K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Global Dividend Growth Split Corp Class A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 131,053,458 to 174,460,317, a change of 43,406,859 (33.1%).
- Net income of 60,908,496 contributed positively to equity growth.
- Dividend payments of 18,933,991 reduced retained earnings.
- Share repurchases of 1,654,066 reduced equity.
- New share issuances of 7,188,504 increased equity.
- Other factors decreased equity by 4,102,084.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$60.91 Million | +34.91% |
| Dividends Paid | CA$18.93 Million | -10.85% |
| Share Repurchases | CA$1.65 Million | -0.95% |
| Share Issuances | CA$7.19 Million | +4.12% |
| Other Changes | CA$-4.10 Million | -2.35% |
| Total Change | CA$- | 33.12% |
Book Value vs Market Value Analysis
This analysis compares Global Dividend Growth Split Corp Class A's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.12x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.38x to 1.12x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | CA$8.98 | CA$12.38 | x |
| 2019-12-31 | CA$11.68 | CA$12.38 | x |
| 2020-12-31 | CA$11.74 | CA$12.38 | x |
| 2021-12-31 | CA$17.88 | CA$12.38 | x |
| 2022-12-31 | CA$8.23 | CA$12.38 | x |
| 2023-12-31 | CA$8.56 | CA$12.38 | x |
| 2024-12-31 | CA$11.05 | CA$12.38 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Global Dividend Growth Split Corp Class A utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 34.91%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 341.30%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 1.98x
- Recent ROE (34.91%) is above the historical average (7.55%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -21.15% | -1477.28% | 0.01x | 2.17x | CA$-9.95 Million |
| 2019 | 37.33% | 96.51% | 0.21x | 1.88x | CA$11.32 Million |
| 2020 | 1.36% | 44.15% | 0.02x | 2.02x | CA$-3.65 Million |
| 2021 | 23.46% | 91.42% | 0.14x | 1.81x | CA$15.26 Million |
| 2022 | -39.97% | 0.00% | -0.16x | 2.35x | CA$-50.42 Million |
| 2023 | 16.92% | 617.87% | 0.01x | 2.23x | CA$9.07 Million |
| 2024 | 34.91% | 341.30% | 0.05x | 1.98x | CA$43.46 Million |
Industry Comparison
This section compares Global Dividend Growth Split Corp Class A's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $398,436,303
- Average return on equity (ROE) among peers: -4.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Global Dividend Growth Split Corp Class A (GDV) | CA$189.73 Million | -21.15% | 0.88x | $86.13K |
| Alaris Equity Partners Income Trust (AD-UN) | $604.54 Million | 1.97% | 0.32x | $616.42 Million |
| AI Artificial Intelligence Ventures Inc. (AIVC) | $4.27 Million | -129.03% | 0.20x | $5.48 Million |
| Brookfield Global Infrastructure Securities Income Fund (BGI-UN) | $354.64 Million | 11.23% | 0.49x | $48.58K |
| Bankers Petroleum Ltd (BNK) | $28.51 Million | 46.55% | 0.58x | $113.70K |
| Sprott Physical Gold and Silver Trust (CEF) | $1.20 Billion | -29.28% | 0.00x | $452.56K |
| Canso Select Opportunities Corporation (CSOC-B) | $12.03 Million | -8.99% | 0.00x | $8.94 Million |
| CoTec Holdings Corp. (CTH) | $-59.00K | 0.00% | 0.00x | $51.82 Million |
| Clairvest Group Inc. (CVG) | $1.25 Billion | 9.75% | 0.14x | $159.95 Million |
| Dividend Growth Split Corp (DGS) | $296.85 Million | 37.60% | 1.53x | $52.33K |
| E Split Corp Class A (ENS) | $227.99 Million | 17.94% | 0.77x | $118.61K |