BJBHX (Aberdeen (Artio) Global High Income Fund) Distributes $0.07 Monthly Dividend In December 2014 — After Cap. Gains.

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by Anura Guruge

Related posts:
1/ BJBHX $0.26 cap gains for 2014.
2/ BJBHX stopped hemorrhaging for a day.
3/ BJBHX depressing news.
4/ BJBHX: sticking it out till 2015.
5/ BJBHX has decent December 2013.
6/ Uncontrollable Infatuation With BJBHX.
7/ BJBHX: I Bailed With Regret.

++++ Search ‘BJBHX‘ for other related posts >>>>

Until I saw the distribution, in my Fidelity account, tonight, around 11:30 pm, I really wasn’t sure whether it would happen. BJBHX has had a chequered history with its December dividends. Sometimes they get lumped in with the middle-of-the-month cap. gains distributions and in other years it doesn’t. Maybe that now it is under Aberdeen they will make sure that the monthly December dividend is given out at month end, as are all the other monthlies.

Yes, for 2014 they sure did have two distribution dates for December and I called and double, triple checked on that. They kept on telling me, ‘yes, there will be a month end’. But excuse me for not believing them. It is not that I am not a skeptic, which I am, it is just that I have had inconsistent stories from BJBHX in the past.

So with this 0.06914 monthly, BJBHX doled out $0.32391 for the month. That is NOT shabby, though, of course, the NAV took a deep hit — as it must. But delivering dividends is what BJBHX is supposed to do. So I am cool. Yes, it will go some distance towards defraying my fairly hefty Christmas time expenses.

I am feeling much more charitable about BJBHX now than I did earlier in the month. I might, as has always been my downfall, persevere with them for a couple more months.

Heads up: If the December distributions were ‘rich’, BJBHX, historically, has skimped on the January monthly. So be prepared. It might be lower than average.