archieWill NOT pay a dividend but will probably make a...

archie

Will NOT pay a dividend but will probably make a distribution in July.

AIO is NOT a share. It is a STAPLED SECURITY. Watch the tax inplications of a distribution as most of it has to be deducted from your cost base as it is actually regarded as a return of capital.

The distribution will come from the Asciano Finance Trust component of the security. A dividend would come from the Asciano Ltd share. Asciano Ltd has not made a profit and is unlikely to do so for some years.

RB