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Much ado about nothing?

11 August 2015 / David Bowes
Issue: 4513 / Categories: Comment & Analysis , Investments
Dividend yield valuation method in relation to unquoted shares.
  • Dividends are often the only realistic possibility of a return to minority shareholders.
  • The payment of dividends might provide an alternative valuation basis and methodology.
  • Dividends may be paid or not paid for several reasons.
  • In reality many dividends are simply remuneration.
  • The uses and abuses of alphabet shares.
  • Dividend waivers may be advantageous for income tax purposes but not for reducing share values.
Pity the poor minority shareholder in an unlisted company. Never likely to aspire to a directorship and enjoy the remuneration that such a position might offer the minority shareholder is generally perceived to be in the unenviable position of someone who not only has limited rights within the company but ...

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