RE:navMay I suggest you do some reading on split shares if not yet invested and even if you just got invested. You can pull the info from Brompton'sor Quadravest's websites. You can also read several regular posters here about the risks and rewards of split shares.
LBS doesn't pay a dividend it is a fix distribution which is mainly made of capital return appreciation of the underlying stocks. You can easily see that the % of distribution on current stock price is much higher than underlying stock divy.
This is the reason why any split share stock price doesn't go up as underlying stocks do and can go down much more.