Regulatory Story
Go to market news section View chart   Print
BMO UK High Inc Tst   -  BHI   

Dividend and Capital Repayment

Released 12:41 26-Feb-2020

RNS Number : 2256E
BMO UK High Income Trust PLC
26 February 2020

To:                   RNS

From:              BMO UK High Income Trust PLC

Date:               26 February 2020

LEI:                  213800B7D5D7RVZZPV45



Dividend and Capital Repayment


The Board of BMO UK High Income Trust PLC announces a fourth quarter dividend in respect of the financial year to 31 March 2020 of 1.34 pence per Ordinary share.  This dividend will be paid on 1 May 2020 to Ordinary shareholders on the register on 3 April 2020. 


A fourth quarter capital repayment of 1.34 pence per B share will be paid on 1 May 2020 to B shareholders on the register on 3 April 2020.  Capital repayments on B shares are paid at the same time and in an amount equal to each dividend paid on an Ordinary share.  


This represents an increase of 3.9% over the fourth quarter dividend / capital repayment paid in the prior year. For the financial year to 31 March 2020, total dividends / capital repayments have increased by 3.4% to 5.21 pence per share (Financial year to 31 March 2019: 5.04 pence per share).


Based on these distributions, the dividend yield on an Ordinary share was 5.4% based on the Ordinary share price of 97.0 pence as at 25 February 2020, and the distribution yield on a B share was 5.3% based on the B share price of 98.0 pence on the same date. These yields compare favourably with the yield on the FTSE All-Share Index of 4.4% at the same date. For those shareholders that hold units (each comprising three Ordinary shares and one B share) the distribution yield on this unit holding was 5.4% based on a unit price of 385 pence as at 25 February 2020.




Philip Webster, Fund Manager

BMO Investment Business Limited

Tel: 0207 628 8000






This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact or visit

London Stock Exchange plc is not responsible for and does not check content on this Website. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply.


Dividend and Capital Repayment - RNS