Dividends paid per share in respect of financial year
Detailed Payment History
|Payment Date||In respect of y/e||Type||Dividends paid per share (p)|
|15th Feb 2016||30/09/2015||Final||6.00|
|30th Jun 2015||30/09/2015||Interim||6.00|
|20th Mar 2015||30/09/2014||Final||4.00|
|30th Oct 2014||30/09/2014||Interim||8.00|
|3rd Jul 2014||30/09/2014||Interim||6.00|
|12th Mar 2014||30/09/2013||Final||4.00|
|27th Jun 2013||30/09/2013||Interim||6.00|
|8th Feb 2013||30/09/2012||Interim||6.00|
|15th Feb 2012||30/09/2011||Final||4.00|
|27th Jan 2012||30/09/2012||Interim||20.00|
|28th Mar 2011||30/09/2010||Final||2.00|
|22nd Feb 2011||30/09/2010||Interim||2.00|
|17th Mar 2010||30/09/2009||Final||0.50|
The board has declared an interim dividend of 6.00 pence per share in respect of the current year ending 30 September 2016. The dividend will be paid on 7 July 2016 to shareholders on the register on 10 June 2016. The payment will bring cumulative dividends paid, since the inception of the current share class on 6 February 2008, to 80.50 pence per share and reduce the NAV per share at 31 March 2016 by a corresponding amount of 6.00 pence.
Shareholders are encouraged to ensure that the Registrars maintain up-to-date details for them and to check whether they have received all the dividends payable to them. This is particularly important for those who have recently moved house or changed their bank. We are aware that a number of dividends remain unclaimed by shareholders and whilst we will endeavour to contact the shareholders concerned, if this is the case, we cannot guarantee that we will be able to do so if the Registrars do not have an up-to-date telephone number and/or email address.
Dividend Investment Scheme
The Income & Growth VCT operates a Dividend Investment Scheme, providing shareholders with the opportunity to reinvest their cash dividends into new shares in the VCT.
New VCT shares attract the same tax reliefs as shares purchased through an Offer for Subscription. The Scheme allows shareholders to re-invest at an advantageous price, being the greater of the average market price of the shares for the five business days prior to the dividend being paid and 70% of the last published net asset value per existing share. This price is likely to be at a discount of 10% to the underlying net asset value .
The terms and conditions for the Scheme and a mandate form can be downloaded by by clicking on the following links.
Shareholders can also elect to join or leave either of the Scheme through the Capita Asset Services Shareholder Portal