Investment Trust Dividends

Change to the Snowball

The Snowball booked a profit of £907.80 with TRIG.

The Snowball only owned the share for one week, sometimes it’s better to be lucky than clever. The intention is to use ‘part’ of the windfall to do some dividend washing, where you buy a share before the xd date and sell either on the day or later, to provide contingency income for 2026, just in case any dividends are cut.

So the Snowball has sold LAND, earning a dividend of £307.00 paid in January, for a loss of £13.00. If you get the timing right, sometimes it can also print a tiny profit.

There are dividends to be received tomorrow of £641.00, 1k to be re-invested in FSFL, maybe.

Among those set to exit the FTSE 250 is Pinewood Technologies Group PLC, rounding off a short stint in the mid-cap index. The provider of software to the automotive retailing sector replaced Warehouse REIT in the index after the logistics warehouses investor was acquired by Blackstone Inc.

Among those set to exit the FTSE 250 is Pinewood Technologies Group PLC, rounding off a short stint in the mid-cap index. The provider of software to the automotive retailing sector replaced Warehouse REIT in the index after the logistics warehouses investor was acquired by Blackstone Inc.

Foresight Solar Fund Ltd, an investor in environmental infrastructure, is also set for relegation.

2 Comments

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