UK Mortgages Quarterly Dividend. On Thursday 31st Oct, UK Mortgages PLC paid out its quarterly dividend.

https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/UKML/14262127.html

1.125p a share.

This investment fund holds high quality mortgages as its investment portfolio. it has 273,000,000 shares on circulation.

Thus:- 273,000,000 x £0.0125 = £3,412,500

That is £3.4125 million

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

9.1% yield….