https://citywire.co.uk/investment-trust ... s/a1335154
Discussing reserves and Oil dividends.
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ITs Income
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Re: ITs Income
I remember back during 2008-09 when income ITs were heavily exposed to bank shares. When banks came off the rails all the usual IT income suspects held the line and stood up well to the payout cuts that followed. Mind you, afterwards if took a bit time to rebuild depleted revenue reserves so, meaningful shareholder annual dividend increases were a bit thin on the ground for awhile.
I see no reason to believe this time ‘round will be any different.
I see no reason to believe this time ‘round will be any different.
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