Investment Trust Dividends

Category: Uncategorized (Page 336 of 375)

Current Portfolio

RGL has since trimmed their dividend and most probably will

do so in the near future.

LBOW as it winds down, no longer pays a dividend.

Excluding the 2 Trusts above they blended yield is 9%.

VSL, RECI: their dividends are unlikely to increase but provides

funds to re-invest in the portfolio.

The other Trusts the dividends should gently increase excluding

ADIG,TENT which are winding down.

Dividend re-investment plan

The fcast for the portfolio for dividends earned this year is 8k.

For anyone starting out on their investing journey is

unlikely to earn 8k in dividends in year one.

But the blog portfolio assumes no cash is added to the fire

and it’s likely that you would be making regular contributions

to improve your total return.

If u compound 8k @ 7% for

10 years = £15,760.00

20 Years = £30,960.00

25 years = £49,440.00

Remember you will retain control of your final destination and

all your capital rather than gifting it to a pension provider.

A journey of 1,000 miles starts with one small step.

Confucius

APAX

Apax Global Alpha Limited

2023 Annual Dividend Announcement

This notification is made in accordance with the Disclosure Guidance and Transparency Rules.

The Directors of the Company are pleased to declare that a dividend will be payable, for the financial period ending
31 December 2023 in accordance with the following timetable:

Ex-Dividend Date:14 March 2024
Record Date:15 March 2024
Payment Date:4 April 2024
Total Dividend Payment:GBP 27,698,083
Dividend Per Share:GBP 5.64 p

TENT

Triple Point Energy Transition plc

(“TENT” or the “Company” or, together with its subsidiaries, the “Group”)

PUBLICATION OF CIRCULAR REGARDING A PROPOSED MANAGED WIND-DOWN OF THE COMPANY AND RELATED PARTY TRANSACTIONS

AND

NOTICE OF GENERAL MEETING

Further to the announcement of 13 December 2023, the Board of Directors of Triple Point Energy Transition plc (LSE: TENT) (the “Board”), the London Stock Exchange listed investment company focused on building a portfolio of infrastructure investments that support the energy transition, today announces that a shareholder circular (the “Circular”) is expected to be published today regarding the proposed managed wind-down of the Company, which will require the amendment of the Company’s investment objective and Investment Policy.

The Circular also contains a notice convening a general meeting of the Company (the “General Meeting”) at which approval will be sought from Shareholders for:

· the proposed change to the Company’s investment objective and Investment Policy to facilitate the managed wind-down of the Company and orderly realisation of its assets;

· the conditional disposal by TENT Holdings of the Field Debt Facility to Triple Point Leasing Limited (“TPLL”);

· the conditional disposal by TENT Holdings of the LED Facility to Boxed Light Services Limited (“Boxed”) for onward assignment by Boxed to TPLL;

· the associated amendments to the Investment Management Agreement.

The General Meeting will be held at 9.30a.m. on 22 March 2024 at 1 King William Street, London, EC4N 7AF.

The Board will keep Shareholders informed of its intentions concerning returns of capital, mechanisms for which may include tender offers, other schemes for the return of capital and/or the buying back of Shares as the portfolio is realised. Throughout the Managed Wind-Down, the Board will follow the principle of seeking to balance the optimum scale and accompanying costs to the Company of the relevant method of return with the desire to accomplish that return as quickly as practicable, without eroding the value to be distributed.

The Company intends to continue to pay dividends to Shareholders following the commencement of the Managed Wind-Down in line with Shareholder feedback and in order to maintain investment trust status. However the Company does not expect to be able to continue paying dividends at the current rate. The payment of any future dividends to Shareholders and the level of such dividends will depend on the Group continuing to own assets which generate sufficient income and cash flow to cover such dividends.

££££££££££££££

Current yield 8%

Current discount to NAV 29%

Dividends xd this week

Thursday 7 March

abrdn Diversified Income and Growth PLC ex-dividend payment date
Assura PLC ex-dividend payment date
Athelney Trust PLC ex-dividend payment date
Crown Place VCT PLC ex-dividend payment date
CT UK Capital & Income Investment Trust PLC ex-dividend payment date
JPMorgan Global Emerging Markets Income Trust PLC ex-dividend payment date
JPMorgan Global Growth & Income PLC ex-dividend payment date
Law Debenture Corp PLC ex-dividend payment date
Mid Wynd International Investment Trust PLC ex-dividend payment date
Personal Assets Trust PLC ex-dividend payment date
Premier Miton Global Renewables Trust PLC ex-dividend payment date
Rights & Issues Investment Trust PLC ex-dividend payment date
Ruffer Investment Co Ltd ex-dividend payment date
Safestore Holdings PLC ex-dividend payment date
Schroder Real Estate Investment Trust Ltd ex-dividend payment date
SDCL Energy Efficiency Income Trust PLC ex-dividend payment date
Temple Bar Investment Trust PLC ex-dividend payment date
Utilico Emerging Markets Trust PLC ex-dividend payment date

Portfolio addition

I’ve bought for the portfolio a further 814 shares in RECI

for 1k, to add to the Snowball.

Currently yielding 10% so limited chance for a capital gain

but will provide funds to re-invest in other growth Trusts.

xd 14 March.

Compounding. The eight wonder of the world.

The Motley Fool

Story by Christopher Ruane

How I’d invest a £100K SIPP to target £8K in dividends annually


A SIPP can be a useful way to generate income, whether to draw down now (in some cases) or reinvest to build the long-term value of the SIPP.

I think the current stock market offers some excellent opportunities for me to generate income in my SIPP while investing in blue-chip FTSE 100 dividend shares.
Here is how I could use a £100K SIPP to target £8K annually in dividends.

A word about compounding
Before I go on, let me explain why I mentioned building the long-value of a SIPP by reinvesting dividends earned from the shares I own in it.

That is known as compounding. Legendary investor Warren Buffett compares compounding to pushing a snowball downhill. As it goes, it picks up more snow and in time that picks up snow.

In the case of a SIPP that ‘snow’ is money from dividends – and my timeframe can be long enough for the impact to be sizeable.
If I compound a £100K SIPP at 8% annually for the next 25 years (without adding a penny of new capital), at the end of the period it will be worth around £684,00 and earn me some £54,780 in dividends annually. That could be very handy retirement income!

Targeting an 8% yield
To earn £8K annually from a £100K SIPP, I need to earn an average dividend yield of 8% (after the impact of fees; in reality, I would choose my SIPP carefully as over a long time period such fees can eat into my returns a lot).

But I would not start just by looking for high-yield shares. After all, dividends can be cancelled at any moment.


I would look for what I think are good businesses with some competitive edge that can help them to do well in a sizeable, resilient market. Only then would I consider yield.

As 8% is an average, I could invest in shares with a lower yield as long as I still achieved my target overall. I would diversify my SIPP across a range of shares to reduce the impact if one of the shares performed poorly or axed its dividend.

££££££££££££££££

If the above SIPP achieved a yield of 8% in its first year, currently easily

achievable with a portfolio of Investment Trusts, tks to Mr. Market.

And then compounded at 8% for 25 years, your ‘annuity’ would be £54.78k.

Remember to account for inflation.

The amount of capital wouldn’t be of concern, because if u wanted

to continue to withdraw your dividends, u couldn’t withdraw your capital,

unless in an unexpected emergency.

You you would also keep control of your capital to leave

it to whoever u wanted too but pse remember those

wee cats and dogs.

It’s unlikely that u will be able to re-invest at 8% for 25 years but

there is usually some unloved IT to invest in.

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