Page 7 - DIY Investor Magazine - Issue 23

The table below shows the Trust’s dividend history:
THE DIVERSE INCOME TRUST PLC DIVIDEND DISTRIBUTIONS (PENCE PER SHARE)
POWERED BY
Ordinary Dividends
Special / Additional Dividends
Dividends declared but not paid
4.5 4.0 3.5 3.0 2.5 2.0 1.5 1.0 0.5 0.0
2012 2013 2014
2015 2016
2017 2018 2019
THE DIVERSE INCOME TRUST PLC
0.23
0.16
2.8
0.4
1.1
0.5
2.02
2.1
2.25
2.4
3
3.4
2.55
The fourth interim dividend and the special dividend have not yet been paid but have been declared by the Trust and are subject to a shareholder vote at the Company’s AGM on 9 October 2019.
Furthermore, with a larger universe of company shares to choose from there is better scope to be risk sensitive, for example through minimising the need to hold the shares of companies that have significant corporate debt.
Many of the companies in the portfolio have been selected on the basis that they tend to have stronger balance sheets, as those with excessive debts often
Risks
suffer disproportionately during more economically challenging periods.
It is also anticipated that, if the Trust succeeds at delivering dividend growth, then over the longer term this could be accompanied by capital gain.
Find out more at mitongroup.com/diverse income
The value of investments will fluctuate which will cause trust prices to fall as well as rise and investors may not get back the original amount invested.
Forecasts are not reliable indicators of future returns.
Past distributions of dividends are not a guide to future distributions.
In certain market conditions companies may reduce or even suspend paying dividends until conditions improve.
Miton has used all reasonable efforts to ensure the accuracy of the information contained in the communication, however some information
and statistical data has been obtained from external sources. Whilst Miton believes these sources to be reliable, Miton cannot guarantee the reliability, completeness or accuracy of the content or provide a warrantee. Investors should read the Trust’s product documentation before investing including, the PRIIPs Key Information Document (KID), the latest Annual Report and Accounts and the Alternative Investment Fund Managers Directive (AIFMD) Disclosure Document as they contain important information regarding the trust, including charges, tax and specific risk warnings and will form the basis of any investment. We are unable to give financial advice. If you are unsure about the suitability of an investment, please speak to a financial adviser. This financial promotion is issued by Miton, a trading name of Miton Trust Managers Limited. Miton Trust Managers Limited is authorised and regulated by the Financial Conduct Authority and is registered in England No. 4569694 with its registered office at 6th Floor, Paternoster House, 65 St Paul’s Churchyard, London, EC4M 8AB.
MFP19/377
7 DIY Investor Magazine | Oct 2019
Pence