Precious Metals and Mining Trust T.MMP.UN

Alternate Symbol(s): PMMTF

Precious Metals and Mining Trust (the Trust) is a Canada-based investment trust. The Trust's investment objectives are to provide unitholders with long-term capital appreciation and monthly cash distributions. The Trust's assets allocation includes Canadian equity, international equity, cash and equivalents, United States equity and other. The Trust invests in various sectors, including gold and precious metals, metals and mining, chemicals and gases, forestry and paper, and others. CI Investments Inc. is the manager, portfolio adviser and trustee of the Trust.

TSX:MMP.UN - Post by User

Precious Metals and Mining Trust

Bullboard Posts

Comment by spazzmanon Jun 16, 2013 5:47pm

82 Views

Post# 21530723

RE: RE: RE: RE: Return of capital vs dividend

Any corporation that pays its "Dividend" purely from capital is called a Ponzi scheme. The corporation would have to issue IPO after IPO to keep new money coming in order to maintain its return of capital. Consolidate the shares every few years and do it all over again. Some junior mining companies operate this way, and they don't even pay a dividend!

By definition this is a dividend even if some of the payment does come from the sale of capital. Ponzi schemes aside NO corporation could maintain dividends completely from capital otherwise the N.A.V. would go to zero.

I hope this clears up any confusion.

Bullboard Posts

From now on, dynaCERT instead of Bitcoin or NVIDIA?