Investment Trust Dividends

NESF

The complete story to date.

Total profit for the share £2,850 of which dividends are £2,464

The share had been traded before in the Snowball so the current

profit is £1,027 of which dividends are £1,748

The current value of the share, which changes daily and could fall from here is

£12,304, current expected dividends for the next twelve months

£314 x 4 = £1,256

Income from re-invested dividends £122

Total £1,378 a yield of eleven percent, which unless the dividend is cut should gently increase to allow for inflation.

With the dividends being re-invest back into the Snowball but without the income compounding, NESF could achieve the Holy Grail of Investing that in 8.7 years it could be producing income at a zero, zilch, nothing cost.

A lot of water, to flow under a lot bridges before then.

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