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)|
|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|
Recent dividend payment
On 12 March 2014, the Company paid a final dividend in respect of the year ended 30 September 2013 of 4 pence per share (comprising 2.75 pence from capital and 1.25 pence from income), bringing cumulative dividends paid per share to 44.5 pence.
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