Regulatory Story
Go to market news section View chart   Print
RNS

Dividend Declaration

Released 14:15 02-Jul-2018

RNS Number : 2900T
Dunedin Income Growth Inv Tst PLC
02 July 2018
 

 

Dunedin Income Growth Investment Trust PLC

Legal Entity Identifier (LEI):  549300PPXLZPR5JTL763

 

 

First Interim Dividend

The Board has today declared a first interim dividend in respect of the year ending 31 January 2019, of 3.0p per share (2017: 2.575p), which will be payable on 24 August 2018 to shareholders on the register on 3 August 2018, with an ex-dividend date of 2 August 2018.

 

The rate of interim dividend was last increased in August 2013. The Board is mindful that the increases in the overall annual rate of dividend since 2013 have caused the final dividend to become a growing percentage of the total annual payment. The Board has therefore decided to increase the rate of each interim dividend to 3.0p per share so as to create a more even balance between the rates of  the interim and final dividends. The 16.5% increase in the rate of interim dividends therefore represents a rebalancing of dividend payments.

 

As a result of this rebalancing, the final dividend is expected to be lower than last year but it remains the Board's intention to continue a policy of growing total annual dividends in real terms. 

 

 

For further information, please contact:

 

Aberdeen Asset Management PLC

Secretaries

0131 528 4000

 

 

 

 


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 rns@lseg.com or visit www.rns.com.
 
END
 
 
DIVUGUCGMUPRGWP
Close


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 Declaration - RNS