MLT
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0.00% $6.59 milton corporation limited

LICs have the capability to continue paying same dividend during...

  1. woollydog
    3,511 Posts.
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    05/09/20
    11:58
    Post #: 47110517
    LICs have the capability to continue paying same dividend during bad years by using retained earnings from previous years.
    they don't have to pay out 100% of earnings each year.
    AFI maintained it's 24 cps ordinary dividend throughout the post GFC years and also this year despite declines in dividends received
    and earnings.
    I don't own either of these currently.
    Last edited by woollydog: 05/09/20
    MLT Price at posting: $4.05 Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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