Dividends paid per share in financial year
Detailed Payment History
|Payment Date||In respect of y/e||Type||Dividends paid per share (p)|
|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|
A final capital dividend of 4.00 pence per share was recommended to shareholders at the Annual General Meeting of the Company held on 12 February 2015. This was approved at the meeting and the dividend will be paid on 20 March 2015 to shareholders on the register on 27 February 2015 and bring cumulative dividends paid per share since inception of the current share class to 62.50 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