Investment Trust Dividends

Today’s quest

The Snowball portfolio. Any changes to the Snowball are normally reported the same day.

LBOW is a rump position waiting to be sold at a loss.

RGL the consensus is that they will trim their dividend again but to remain REIT status 90% of income property profits must be distributed.

Several Trusts are winding down and new Trusts will have to be found for the cash returned. The risk being yields may be lower than they are today.

The 2024 fcast for dividends received is 8k and the target 9k, the Snowball is currently ahead of the target.

1 Comment

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