At $2, this is trading on a dividend yield of 7.5%. NTA at 1.63...

At $2, this is trading on a dividend yield of 7.5%. NTA at 1.63 after tax is not that important. (The premium the SP has to NTA I mean). This is not a typical LIC. No exposure to the overvalued Aussie market. All international exposure, long and short. This is a yield story & not an NTA story, which many investors fail to realise. Kerr is active on short selling, both stocks and indexes. They are also active on the currency front.

PMC: a dividend yield and growth story. Dividends are consistent and have an upward projectory. See below.

Interim 5.00 100 14 Feb, 05 04 Mar, 05
Final 10.00 100 25 Oct, 04 12 Nov, 04
Interim 5.00 100 16 Feb, 04 27 Feb, 04
Final 10.00 100 27 Oct, 03 10 Nov, 03
Interim 5.00 100 17 Feb, 03 28 Feb, 03
Final 10.00 100 28 Oct, 02 08 Nov, 02
Interim 5.00 100 18 Feb, 02 28 Feb, 02
Final 10.00 100 29 Oct, 01 09 Nov, 01
Interim 5.00 100 09 Feb, 01 23 Feb, 01
Final 8.00 100 27 Oct, 00 14 Nov, 00
Interim 4.00 100 07 Feb, 00 21 Feb, 00
Final 6.00 100 20 Oct, 99 02 Nov, 99
Interim 4.00 100 02 Feb, 99 26 Feb, 99
Final 4.00 100 21 Oct, 98 06 Nov, 98
Interim 4.00 100 05 Feb, 98 20 Feb, 98
Final 3.00 100 26 Sep, 97 14 Oct, 97
Final 6.00 100 23 Oct, 96 12 Nov, 96