Fair Oaks Income Limited announced that it intends to declare future quarterly dividends on the 2021 Shares at a consistent rate of 2 US cents, equivalent to an annual dividend yield of 17% on the current price, with any excess net income available to fund share buybacks. Establishing a consistent level of dividend provides greater certainty about future income for existing and prospective shareholders; based on the last quarter's portfolio cashflows the 2 US cents quarterly dividend would have been healthily covered.
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5-day change | 1st Jan Change | ||
0.57 USD | 0.00% | 0.00% | 0.00% |
Apr. 22 | Fair Oaks Income Limited Appoints Trina Le Noury as a Non-Executive Director | CI |
Apr. 19 | Fair Oaks cuts dividend after performance slumps in 2023 | AN |
1st Jan change | Capi. | |
---|---|---|
0.00% | 28.45M | |
+5.72% | 12.87B | |
0.00% | 5.6B | |
+6.37% | 5.48B | |
+6.72% | 5.23B | |
+23.82% | 4.86B | |
+20.81% | 4.64B | |
+2.57% | 4.11B | |
+7.78% | 4.01B | |
-0.23% | 3.28B |
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