RE:RE:Mar 15 Estimated Common NAV @ 14.27, Premium @ 3.6%I guess you probably missed the news when Quadravest announced that they raised the basic annual % for the BK commons from 10% to 15%....
The rate of the commons is based on 15% annual yield as per the share price of the last 3 days of the previous month. SO this one coming up for payment in April should be announced as 18.64 cent per share .
So because the distributions are based on share price, when and IF the banks have a correction the yield will stay around 15% annual but the amount drops with the share price.
With the huge safety factor over the 15$ threshhold, VBK is probably the safest split fund out there, as far as the continuing distributions go. Not sure about capital losses if we get a market crash tho...
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gribbs2 wrote: how did the distributions go up so much in the last 6 months? are they safe at these levels
and will keep paying? thanks.
| 28-Feb-22 | 0.18788 | - | 0.04167 | 0.22954 |
| 31-Jan-22 | 0.17600 | - | 0.04167 | 0.21767 |
| 31-Dec-21 | 0.17025 | - | 0.04167 | 0.21192 |
| 30-Nov-21 | 0.16188 | - | 0.04167 | 0.20354 |
| 29-Oct-21 | 0.10125 | - | 0.04167 | 0.14292 |
| 30-Sep-21 | 0.10383 | - | 0.04167 | 0.14550 |
| 31-Aug-21 | 0.10167 | - | 0.04167 | 0.14333 |
| 30-Jul-21 | 0.10267 | - | 0.04167 | 0.14433 |
| 30-Jun-21 | 0.10175 | - | 0.04167 | 0.14342 |
| 31-May-21 | 0.09417 | - | 0.04167 | 0.13583 |
| 30-Apr-21 | 0.09183 | - | 0.04167 | 0.13350 |