LIC & LIT Listed Investment Companies (LICs) 2020

But wait, there's more . It will then pay a dividend next month, it just gets better & better

 

How much?

Now we've likely got some worried.

(SK checks coffee supply while @Nodrog harvests mushrooms.)

 

More Evidence Magic Mushroom Ingredient May Help Treat Depression – Right In Time For Legalization

 

I was just thinking yesterday I should sell my slightly profitable WHF holdings outside of super to set against a few minor losses, put the money into super and re-buy them there, but then the ASX declined to work, so I didn't. I'm not sure if this was a good result or not...

 

WHF maintained their dividend at 10.25c

https://cdn-api.markitdigital.com/a...access_token=83ff96335c2d45a094df02a206a39ff4

 

How to work out how much cgt discount we will get? It says 10% but i dont know how to work out the $$ value

 

Thank goodness I don't have epilepsy. Hope others don't either.

 

Thanks @Greedo. Interestingly cash has increased to over $56M from around $7m. And quite a dramatic decrease in dividends received $5m from $12m pcp.

Will await to see how STW and VAS do later in December. No bets on a surprises if my guess is correct.

$0.1025/10 = $0.01025 x number of shares held.

$0.01025/0.7 = $0.01464 grossed up.

 

No worries.

I must be blind. Cash has only increased slightly from $52m to $56m. $14m received via the SPP capital raising.

 

No you're not.

I was looking at Statement of Cash Flow. Me bad.

 

Just realised what you're getting at @Hoang.

If you hold the same number of shares in WHF for the dividend payment made on 12 December 2019, have a review of it. On that date WHF paid $0.1025c ff with a 10% LIC Capital Gain Discount i.e. the same as declared today.

Or multiply the number of shares you hold by the grossed up amount as described above then divide by 2 (50%) which is the deduction for an individual.

Massive increase in dividends forgone under the DSSP too. From $237,665 to $527,121.

 

interesting that SOL has increased in value today whilst BKW was decreasing in value.

 

Current thoughts here on Noas ?
Dividend sparked my interest and it doesn't appear to be a div trap.

 

If you're referring to the NAOS stable of LICs I'd consider them if they shifted the decimal place to the left on their fees..... 1.75% for their ex50 is ludicrous.

 

This is good.. not much interaction given not a lot happening.... keeping it simple and enjoying the LIC and ETF life.

 

Paying extra just to get paid a dividend. If that's your thing then sure.

Just send me your funds I'll pay you an even bigger dividend. I'll charge you less for it.

 

I don't believe that is entirely true.

Last time I was involved Woolworths was still selling goods, banks were doing whatever it is they do and people were recharging their mobile phone credit. A whole heap of happening is happening.

Back to slurping on coffee while fooling around with stuff in Open D.

 

What's Open D? Is that some kind of open derivative of oil futures tied to banana republics secured by a vault of Cuban cigars that have been tokenised into Bitcoin 2.0? Have you been withholding your true investment strategy from the wider team? I knew this whole buy and hold was BS! The facebook ads for Open D (and facebook Kochie ads!!) told me so

 

Did @Nodrog send you some of his musrooms? To even think I would slide to that degree.

What's facebook by the way?