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Divi payments from capital

Closed-end funds and OEICs
EssDeeAitch
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Divi payments from capital

#193223

Postby EssDeeAitch » January 13th, 2019, 1:37 pm

Can anyone tell me if there is a transparent way to tell if a trust is paying dividends by eroding capital?

Dod101
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Re: Divi payments from capital

#193231

Postby Dod101 » January 13th, 2019, 2:43 pm

The obvious way is by taking a look at the IT Annual Reports.

Dod

james51
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Re: Divi payments from capital

#193233

Postby james51 » January 13th, 2019, 2:57 pm

The AIC website specifies, on the Overview page for each IT, if the latest dividends were paid out of Income or Capital.

monabri
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Re: Divi payments from capital

#193236

Postby monabri » January 13th, 2019, 3:08 pm

james51 wrote:The AIC website specifies, on the Overview page for each IT, if the latest dividends were paid out of Income or Capital.


Thanks.. I had a look at "EAT"..sure enough, the divi was paid from " capital". I'm glad to see that the divi from Merchants and HFEL was from income.

EssDeeAitch
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Re: Divi payments from capital

#193237

Postby EssDeeAitch » January 13th, 2019, 3:14 pm

Dod101 wrote:The obvious way is by taking a look at the IT Annual Reports.

Dod


Yes it is the obvious way - however, having gone down that route and finding information really difficult to decipher due to each company reporting data in different ways, with different terms, I thought there may be information out there which I am not aware of. But thanks for your comments, so helpful.

EssDeeAitch
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Re: Divi payments from capital

#193238

Postby EssDeeAitch » January 13th, 2019, 3:19 pm

james51 wrote:The AIC website specifies, on the Overview page for each IT, if the latest dividends were paid out of Income or Capital.


Lovely, many thanks for your help.


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