RE: Seeking value26 Jul 2023 13:40
Please be gentle team, novice here. Im interested in the dividend returns.
I recall (perhaps incorrectly) that when JCGI which, as an avid Sinophile Ive held for a few years, introduced their increased 4%(?) dividend, they also introduced a policy to take from capital if necessary.
If this is correct, do we know how much of the dividend being paid now is 'natural' income and how much is being taken from capital?
Because I assume, with the recent capital performance, any such capital returns will just accelerate the NAV decline.
Is my naïve understanding correct? Can we determine by how much from the accounts, and should we be worried?