Skandia prepares income generator based on dividends

The three-year product is open for investment until June 26 2009, with income payments made on each of the three anniversaries with the return for the first year fixed at 6% of the capital invested. At the end of years two and three, payments will be determined by the value of dividends issued each year by the companies.

When a constituent company issues a dividend, its value is calculated as a proportion of the value of the FTSE100 as a whole - and expressed as a unit called 'dividend points'.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: