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MIIF's dividend policy is based on the expected predictable and stable cash flows from its investments. It is intended that all free cash available for distribution will be paid out by MIIF semi-annually as dividends.
2H 2006 dividend guidance of 4.0cps provides an annualised yield of 8.7%*.
| Period ending |
Distribution per share
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1H 2005
|
2.2 cents (paid 9 September 2005)
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2H 2005
|
3.1 cents (paid 29 March 2006)
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1H 2006
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3.95 cents (paid 13 September 2006)
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2H 2006
|
4.0 cents (guidance)
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* based on share price as at 12 September 2006 (and assumptions in offer document dated 15 November 2005)
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