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RNS
Merchants Trust PLC   -  MRCH   

Dividend Declaration

Released 16:20 02-Jul-2019

RNS Number : 2594E
Merchants Trust PLC
02 July 2019
 

 

 

 

 

 

                                                                                             

2 July 2019

 

LEI: 5299008VJFXCUD2EG312

 

 

 

THE MERCHANTS TRUST PLC

Year Ending 31 January 2020

 

 

First Quarterly Dividend

 

The board has declared a first quarterly dividend of 6.7p per ordinary share, an increase of 4.7% on the first quarter of last year.  It is the board's intention to at least maintain the quarterly dividend at this level for the rest of the year, which would lead to a minimum annual dividend of 26.8p, an increase of 3.1%.

 

The dividend has been increased for 37 consecutive years, and a high and growing yield remains a key objective of the company.

 

The dividend will be paid on 20 August 2019 to holders on the register at the close of business on 12 July 2019.

 

A Dividend Reinvestment Plan (DRIP) is available for this dividend and the relevant Election Date is 26 July 2019.

 

 

 

 

 

 

 

 


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Dividend Declaration - RNS