Aberdeen has said its Tech & Income and Media & Income split caps are not going to suspend dividend ...
Aberdeen has said its Tech & Income and Media & Income split caps are not going to suspend dividend payments unlike the Euro Tech & Income trust, writes Adam Lewis. Euro Tech & Income announced on 25 July that it was to cease paying a dividend. Piers Currie, head of investment trusts at Aberdeen, said that analysts estimate that to pay dividend the Tech & Income Trust needs to pay out £13.5m a year, and at present the trust is on target to make that level of income. Currie said that Euro Tech & Income suffered because it had a high weighting of its income portfolio in European bonds, ...
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