We expect that Nico and its Managers will declare and pay dividends quarterly, however, our Manager may declare other periodic dividends or elect to pause dividends as circumstances dictate. Any dividends we make will be at the discretion of our Manager and will be based on, among other factors, our present and reasonably projected future cash flow and the REIT distribution requirements. We expect that our Manager will set the rate of dividends at a level that will be reasonably consistent and sustainable over time, which will depend on the yields generated by our assets. 

Any dividends that we make will directly impact our NAV (Net Asset Value), by reducing the amount of our assets. Over the course of your investment, your dividends plus the change in NAV per share (either positive or negative) will produce your total return.