ATB asian development bank

Hi Justin. I hold both ASIA and RBTZ. I contacted betashares...

  1. 17 Posts.
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    Hi Justin.
    I hold both ASIA and RBTZ.
    I contacted betashares recently on the outlook on dividends given their previous dividend was 53 cents (or thereabouts) for RBTZ. They noted that this was largely due to the rebalancing of assets in the given period and the realisation of capital gains associated with the rebalancing. The companies they hold themselves do not pay substantial dividends as they are targeted more specifically at capital growth- which is normal in an emerging market like robotics and AI. I would not expect them to pay out anything near 50 cents again in the short term, although my fingers are also crossed!
    Hope this helps?

    Certainly not financial advice and always best to DYOR!
 
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