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This is Money

The US economy is continuing on its slow path to recovery, boosted by an unexpected rise in car sales.
US data signals recovery is on track

The pound is a riskier investment than its current value against the dollar and euro reflects, because of the state of Britain's public finances, according to Swiss bank UBS.
Pound at risk from state of UK public finances, says UBS

Nearly 200,000 companies are in financial difficulty, with those in Scotland currently faring the worst in what is likely to be a prolonged UK recession, Begbies Traynor has revealed. The number of companies suffering "significant problems" soared by 43 per cent to 190,559 in the second quarter of this year, found its quarterly Red Flag Alert report.
Number of companies in trouble soars by 43%

The US Department of Justice (DoJ) has begun investigating the controversial credit default swap (CDS) market which was in part blamed for some of the largest dislocations in the financial markets at the height of last year's credit crisis.
US probe into credit default swaps

Tension between China and Australia escalated yesterday as the Chinese State Security Bureau stepped up its investigation into alleged spying by Rio Tinto staff when it questioned executives at leading Chinese steel mills.
Tension rises as Chinese question local steel traders in Rio Tinto 'sypying' case

NIKKEI 225	AUSTRALIA ASX200	SHANGHAI	HANG SENG

KOSPI	VIX	GOLD	NYMEX CRUDE

BBAY UBS: upgraded to neutral from sell, tp raised to 215 from 110
BPG Arden: add
BRBY Shore: reiterated buy
CBRY ING: upgraded to hold from sell, tp raised to 525 from 480
IAP Oriel: downgraded to reduce from hold
LSE Arden: reiterated buy
NXT Deutsche: upgraded to buy from hold
NXT Morgan Stanley: upgraded to overweight from equalweight, tp raised to 1850 from 1120
TCG Citigroup: reiterated buy, tp cut to 310 from 335

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anyone with a spare minute able to cast an eye over Small Companies Dividend Trust (SDV). they are listed on the Fledgling index and pay a small but regular divi 4 times a year. they look a good income source although prob a high risk stock. normally when something appears too good to be true it is! can anyone see anything glaring that would make them run a mile. looking to invest a small amount in this stock and re invest the divi's.

just seeking opinions, not advice. i will make my own mind up but am looking favourably at this stock unless something devastating turns up that i have missed.

regards
Alex

hi robert

re - SDV

The dividend is paid today, so it seems you have missed this Quater.....

25 June 2009

The Company has today declared a fourth interim dividend in respect of the
financial year ended 30 April 2009.

The fourth interim dividend of 1.70p per Ordinary share will be paid on 15 July
2009 to the holders of Ordinary shares on the register as at 3 July 2009.

The total dividend paid for the year to 30 April 2009 will be 7.30p per
Ordinary share.

With a NAV of 66.50p or so the shares at 57p are on a discount of 16.6%, naturally the shares are
of high yield 12.80% and that is the reason that the shares are not at around 20% discount to NAV that is
when any share is ready to have a look at.

Good luck

MRSI,
not worried about missing this divi. a fool rushes in whereas someone who checks things out usually comes off best[though not always]. will trickle feed a small amount monthly and see where it goes. [1.50 commission]
many thanks
Alex