GJT 0.00% $2.69 galileo japan trust

Ann: Estimated Distribution - June 2009 , page-27

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  1. 181 Posts.
    Here's another thing to take into account when looking at the dividend. It was declared as 0.025 cents, not $0.025, and the potential dividend was declared as 3.0 cents, not $0.03.

    So yeah, the dividend is $0.00025. I was one who mis-read it and almost bought some, as did a lot of others judging by the big jump in sp after the announcement. I wonder how many new buyers don't realise that the dividend is 1% of what they are expecting?
 
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