DBI 1.02% $2.96 dalrymple bay infrastructure limited

steady dividends ?, page-25

  1. 160 Posts.
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    I can confirm that the Total Amount as shown on the statement is paid into my account. Which is the full 4.5c/share+note

    The portion of that payment which is deemed repayment of the stapled loan principal is treated differently to a normal dividend in your tax return.

    There are details of this on the DBI website - I'm not a tax accountant so I'm not the best person to explain it
    https://investors.dbinfrastructure.com.au/investor-centre/?page=tax-information

    Looking back through my distribution statements, it appears that this most recent distribution is the first that includes a loan principal repayment component.

    Certainly not straightforward but all above board.

    Debt/gearing is high, but DBI has strong and stable cashflow so I have no problem with the balance sheet.
 
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