The Board’s current policy is to pay a progressive dividend. The Board may make use of revenue reserves to support this policy. When we have unanticipated levels of income we may retain part of it or pay a special dividend.
By selecting complementary equity managers, we can continue to focus on both income and growth, with the aim of building on our 50-year plus track record of year-on-year ordinary dividend growth.
REINVEST YOUR DIVIDENDS
There’s now a new way to build up your shareholding: our Dividend Reinvestment Plan (DRIP). It’s easy to use and gives you the opportunity to reinvest your cash dividends into additional shares.
Typically, we pay our dividends at the end of each quarter.
The third quarterly dividend will be paid to qualifying shareholders as follows:
Payment date – 31 December 2020
Type – Quarterly Dividend – December 2020
Ex-dividend – 3 December 2020
Amount/Share – 3.595p
Proposed dividend payment dates for the financial year to 31 December 2020 is on or around:
We have been awarded the AIC’s Dividend Hero award and are proud to have increased our dividend every year for over 50 years, making us one of just four investment trusts to achieve this.* For more information and a full list of qualifying companies, you can visit the AIC website. *As at June 2020.
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