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Dividend calculation help
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Liam Mercer
Posted: 01 February 2025 12:24:29(UTC)
#1

Joined: 07/11/2021(UTC)
Posts: 16
Hi

I have some money invested in Royal London MMF income fund and the monthly dividend it’s paying out seems a bit lower than I’d expect

For example, this month the dividend was 0.4684. I have 36925 units so I was expecting to get £173

I actually only received £147.66

I saw similar discrepancies on previous months as well.

Can anyone advise why this is occurring

Thanks

Liam

Edit: problem solved, I was looking at the dividends for the accumulation fund rather than the income fund !
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Nigel G
Posted: 01 February 2025 12:41:32(UTC)
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Joined: 03/07/2014(UTC)
Posts: 442

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According to Trustnet, the latest dividend was 0.3999 which makes the payout you received correct. The payout of 0.4684 was for the Acc version of the fund.
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Liam Mercer on 01/02/2025(UTC)
Liam Mercer
Posted: 01 February 2025 12:46:49(UTC)
#3

Joined: 07/11/2021(UTC)
Posts: 16
Thanks, yes I’ve just noticed that, thanks for the response
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