Investment Trust Dividends

Category: Uncategorized (Page 293 of 345)

Portfolio

There will be 2k for re-investment at the start of next month.

With reference to an earlier post I will most probably open a new position, possibly Life Science Reit yielding 9%.

The portfolio currently includes charges for trading of £15 for purchases and £10 for sales. AJ Bell are reducing their trading charge to £5, so the new portfolio charges will be £10 for a buy and £5 for a sell.

Many a mickle makes a muckle.

TENT

Triple Point Energy Transition plc

(“TENT” or the “Company”)

Result of General Meeting

Triple Point Energy Transition plc (ticker: TENT), is pleased to announce that at the Company’s General Meeting held on 22 March 2024, all resolutions were voted on by way of a poll and were passed by shareholders.

SUPR

SUPERMARKET INCOME REIT PLC

ACQUISITION OF A TESCO SUPERMARKET AND AMENDMENTS TO INVESTMENT ADVISORY AGREEMENT

   

Supermarket Income REIT plc (LSE: SUPR), the real estate investment trust providing secure, inflation-linked, long income from grocery property in the UK, announces the acquisition of a Tesco omnichannel supermarket in Stoke-on-Trent, Staffordshire, for a total purchase price of £34.7 million (excluding acquisition costs), reflecting a net initial yield of 7.5%.

The acquisition comprises a 54,451 sq ft net sales area omnichannel supermarket and petrol filling station which sits on an 8.7 acre site. The store was built in 1994 and supports Tesco’s online fulfilment operation via both home delivery vans and customer Click & Collect. The store is being acquired with an unexpired lease term of 11 years and is subject to annual RPI-linked rent reviews (subject to a 4% cap and a 0% floor).

The acquisition has been funded through the drawdown of the Company’s existing revolving credit facility.

Investment Advisory Agreement (the “IAA”)

The Company also announces that it has entered into an amended and restated investment advisory agreement (the “Revised IAA”) with its investment adviser, Atrato Capital Limited (the “Investment Adviser”), and its alternative investment fund manager, JTC Global AIFM Solutions Limited.

The Snowball’s progress to date

The current fcast for 2024 is income for re-investment of 8k, the target is 9k.

If I use the figures for the tax year 2024 the cash earned is £11,070 which

is an up to date reflection of the last 12 months.
Mr Market is always right but not that bright.

But the plan for the portfolio is based on the calendar year and I’m not going
to change the plan, stick to the plan until it sticks to you.
The first quarter 2024 dividends for the portfolio is £3,138.00.
Do not scale by 4 to arrive at a total for the year.
Ten year plan is a dividend stream of between 14k and 16k a year.
I forgot to mention that u keep all your capital.

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