Post by
mouserman on Jan 24, 2023 3:19pm
Brompton announces distributions today
Of course LCS commons are getting their distributions, as this month (january) they paid out nothing to preferreds or commons. Next month however they pay to both, which will be about 23 cents i believe. LCS goes sideways or up and they will apy again next month. BUT WE KNOW a lot can happen in a month both ways, UP like the last month, or DOWN like the start of the pandemic.
Comment by
JohnWalker on Jan 24, 2023 4:27pm
You better re-read that press release. LCS.PR getting $0.15625 distribution this month.
Comment by
mouserman on Jan 24, 2023 11:23pm
LCS paid no Distributions in January , which is this month. February is next month , maybe I should be more clear. I did say the pay .23 cents or so in February. How much does BK pay next month? And are trading at a 30% premium. LCS yield is higher and trades at a discount.
Comment by
JohnWalker on Jan 25, 2023 9:37am
From the press release ..... Brompton Funds has declared distributions payable on Feb. 14, 2023, to preferred shareholders of record at the close of business on Jan. 31, 2023, for the fund noted herein.