The Foreign & Colonial Property Trust: Monthly Dividend

The Foreign & Colonial Property Trust PLC pays out its dividend on a monthly basis.

http://www.fandc.com/uk/private-investors/investment-trusts/property/fandc-commercial-property-trust/

It is 0.5p a share, a month.

The company had 799,366,108 Ordinary Shares in issue. The number of shares with voting rights was 799,366,108, each carrying one voting right.

Thus we can calculate the cost of the monthly dividend:

799,366,108 x £0.005 = £3,996,830.54 a month

Which equate to £47,961,966.48 a year.

http://www.shareshop.hsbc.co.uk/shareshop/security.cgi?csi=112535

4% yield.

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