Capital appreciation is the increase in value of an asset over its purchase price. Total return combines asset appreciation and income, like dividends. Capital gains are realized when an asset ...

Prior to this announcement, Capital Appreciation's dividend made up quite a large proportion of earnings but only 74% of free cash flows. This leaves plenty of cash for reinvestment into the business.

Ben Hueso of San Diego and Assemblywoman Joan Buchanan of Alamo, will rein in the use of long-term capital appreciation bonds that can carry debt payments many times the amount borrowed.

Capital Appreciation Limited (JSE:CTA) shareholders might be concerned after seeing the share price drop 13% in the last quarter. On the bright side the returns have been quite good over the last ...