Recent content by scottie

Hey @finicky & @Bellcose , yes, I think you're right. They've got $66M of (after-tax) unrealised capital gains adding to the shareholder's equity but not reported as "other income" (in the financials given by the broker): What's confusing me now is that they've paid out 117% as dividends but...

Does this comment from the WHF 2024 annual report explain it? 🤔

I'm trying to improve my understanding of company financials. How can a company payout all of it's net profit (& more!) as dividends (payout ratio > 100) and still increase shareholders equity? I notice the number of shares is increasing ("shares outstand"), but "other income" is (almost) zero...