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JPMorgan Global Growth & Income plc
Target Dividend for the year to 30th June 2020
JPMorgan Global Growth & Income plc (the 'Company') adopted the current distribution policy in July 2016 pursuant to which it intends to pay dividends totalling at least 4 per cent. of the net asset value of the Company as at the end of the preceding financial year.
The Board announces that, in relation to the year commencing 1st July 2019, the Company intends to pay dividends totalling 13.04p per share, which represents a yield of 4.0 per cent. of the unaudited cum income with debt at fair value net asset value as at the 30th June 2019 (28th June 2019 due to the weekend) of 325.8 pence per share. It is expected that such dividends will be paid by way of four equal distributions, with the first interim dividend for the financial year ending 30th June 2020 of 3.26p per share (for the period to 30th September 2019), being paid on 4th October 2019 to shareholders on the register at the close of business on 6th September 2019. The ex-dividend date is 5th September 2019.
The intended dividend for the year commencing 1st July 2019 represents an increase of 4.15 per cent. over the total dividend of 12.52p per share payable for the prior financial year.
Legal Entity Identifier: 5493007C3I0O5PJKR078
Information disclosed in accordance with DTR 6.1.13
For and on behalf of
JPMorgan Funds Limited, Secretary
2nd July 2019
For further information:
Divya Amin - 020 7742 4000
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