UK Mortgages Maiden Dividend.

UK Mortgages PLC is an investment fund that is buying high quality mortgages from banks and building societies.

http://www.shareshop.hsbc.co.uk/shareshop/security.cgi?username=&ac=&csi=41993839&record_search=1&search_phrase=ukml

A £247m fund that paid on the 9th May 2016 to shareholders a dividend of 1.5p.

They play to pay a dividend to shareholders each quarter.

http://www.shareshop.hsbc.co.uk/shareshop/security.cgi?csi=41993839&action=charts&username=&ac=

This equates to a potential yield of 6%

Incredible if they can maintain this yield in a deflationary economy.

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