Media Outlet:
Kepler The Intelligence Trust
Author:
William Heathcoat Amory
Investment trust boards, being long-term stewards of shareholders’ wealth, are right to be wary of their trust living beyond its means. Ruination will be the result. Paying dividends from capital likely gives some boards the instinctive fear that, in doing so, they are selling off the family silver. But are they? And how does paying dividends from capital differ from using revenue reserves?
Published on 25th June 2020
Kepler The Intelligence Trust
William Heathcoat Amory