OK I found the prospectus that has the terms, no interest maturity 2030.
So I assume that the loan component in the distribution is not taxable but a reduction in the capital cost of your purchase?
Debt o/s 31/12/23 $186,196,000
Units 495,761,667
Debt component per share is $0.3756
So if you buy on market at $2.79 you're actually buying shares at $2.414 & non interest bearing debt of $0.376.
Distribution FF 0.036649 pq = 0.146596 p.a
Current cost $2.414
Yield FF net 6.02% / gross 8.67%
Plus you get part of the loan repaid.
Is that all correct?
News: DBI Dalrymple Bay Infrastructure Ltd Says FY Revenue From Ordinary Activities Up 4.5% To..., page-7
Add DBI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.28 |
Change
0.020(0.61%) |
Mkt cap ! $1.626B | |||
| Open | High | Low | Value | Volume |
| $3.25 | $3.29 | $3.25 | $1.996M | 610.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 20593 | $3.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.28 | 9762 | 2 |
View Market Depth
| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| DBI (ASX) Chart |