Dividend Distribution - a history of attractive returns.
From August 2012 to December 2018 Senior Trust Capital distributed to shareholders a return of 8 cents per $1 share per annum, pre-tax (paid quarterly). Whilst past performance is not a guarantee of future returns Senior Trust Capital Limited investment objectives are to maintain a steady attractive income return and a stable asset backing for our investors.
From January 2019 the dividend distribution policy takes advantage of the benefit of tax deductions originating from equity investments and has paid at a minimum rate of 6.0 cents per annum (net of tax). Directors will continue to set the distribution quarterly in accordance with dividend distribution policy as stated in the Product Disclosure Statement. Dividend distribution rates may vary.
The chart below shows how as a result of deductible costs shareholders can take advantage of Senior Trust Capitals PIE tax status and enjoy income distributions at varying rates of return dependent upon individual Prescribed Investor Tax rates (PIR).
See the full 2019 Year in review here.