The Smarter Web Company

MORE dashboard

Digital credit: MORE dividends than the typical UK equity

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Effective yield at current market price
Market price —
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Stated variable annualised dividend rate, on the reference amount

Effective yield is the annualised dividend ( of , so ) divided by the market price shown, based on the most recent trading price on the London Stock Exchange. Not a forecast of returns.

Number of dividends paid
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Total paid per share
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Latest weekly dividend
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Latest ex-dividend date
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Latest payment date
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Dividend cash cover
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Digital credit statistics

Gross Treasury Asset Value
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Bitcoin, Treasury Cash Balance and Dividend Cash Balance
Net Treasury Value
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Bitcoin and cash less debt and preferred principal
Dividend cash cover
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Preferred dividends only
Combined cash runway
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Includes both interest and dividend costs
BTC Risk
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Estimated probability of a Bitcoin coverage shortfall
BTC Rating
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Bitcoin asset coverage
Effective Yield
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At current MORE share price
Credit Duration
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Modelled years
Amplification Ratio
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Net financing claims as a percentage of Bitcoin value
BTC Floor USD per BTC
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BTC price floor in USD
BTC Floor ARR
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Modelled annual Bitcoin price decline to the credit floor
BTC Dividend Breakeven ARR
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Annual BTC appreciation needed to match MORE dividends

Smarter Web borrowing and dividend costs

Annual dividend rate
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Variable preferred dividend
Annual preferred dividends
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Preferred shares × £100 × rate
Borrowing interest rate
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Annual debt interest
Annual borrowing interest
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Debt × interest rate
Total annual financing cost
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Interest + preferred dividends
Total monthly financing cost
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Annual cost ÷ 12

Effective yield at different prices

Price per shareAnnual dividendEffective yield

At the current rate of on . The dividend is the same whatever you pay, so the yield is higher when you buy below and lower above it. Excludes any gain or loss on the share price. The rate may change.

Bitcoin coverage

Bitcoin coverage today
fall in Bitcoin to reach 1× coverage
Bitcoin move Bitcoin price Coverage Multiple

Dividend calculator

Enter the price you paid or would pay.
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Per week
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Per month (approx.)
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Per year
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Yield on price

Already a holder? Check a dividend

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Formula

Calculation using current figures

Available on major UK brokers

Further details on MORE

For full details of MORE, including the terms of the Preferred Shares, key risks and other important information, please read the Prospectus and Retail Summary Document.

MORE details MORE Prospectus
The Smarter Web Company cupping Hand

The value of your investment can go down as well as up. Dividends aren’t guaranteed and can be reduced, increased or suspended. Illustration only. Monthly figures are an average, as dividends are paid weekly. Dividends are calculated daily on a 365-day year and paid weekly in arrears. You may not be able to sell MORE at or above the price you paid. For full terms and key risks, see the Prospectus.

* Cumulative preferential dividend rate of a year on a Preferred Dividend Reference Amount, variable at the Board’s discretion within the applicable parameters. The Board may suspend payment for any weekly period. Unpaid dividends accumulate as a non-interest-bearing balance.

** The availability of a dividend cash balance does not guarantee the payment of a dividend.