Dividends

Dividends paid per share in respect of financial year

Dividends paid per share
31/12/2013 31/12/2014 31/12/2015 31/12/2016 31/12/2017
6 22 11 9 18

Detailed Payment History

Final and interim dividend payments
Payment Date In respect of y/e Type Dividends paid per share (p)
11th Sep 2017 31/12/2017 Interim 18.00
17th Mar 2017 31/12/2016 Interim 7.00
8th Sep 2016 31/12/2016 Interim 2.00
25th May 2016 31/12/2015 Final 9.00
25th Sep 2015 31/12/2015 Interim 2.00
6th May 2015 31/12/2014 Second Interim 8.00
12th Sep 2014 31/12/2014 Interim 14.00
16th May 2014 31/12/2013 Final 4.00
20th Sep 2013 31/12/2013 Interim 2.00
10th May 2013 31/12/2012 Interim 5.50
6th Jun 2012 31/01/2012 Interim 5.00
24th Jun 2011 31/01/2011 Final 3.00
5th Nov 2010 31/01/2011 Interim 1.00
9th Jun 2010 31/01/2010 Final 2.00
7th Nov 2009 31/01/2010 Interim 1.00
10th Jun 2009 31/01/2009 Final 1.00
7th Nov 2008 31/01/2009 Interim 1.00
11th Jun 2008 31/01/2008 Final 1.25
8th Nov 2007 31/01/2008 Interim 0.75
26th Oct 2006 31/01/2007 Interim (restated) 1.80
7th Jun 2006 31/01/2006 Final (restated) 0.50
8th Jun 2005 31/01/2005 Final (restated) 0.20
9th Jun 2004 31/01/2004 Final (restated) 0.50
29th May 2003 31/01/2003 Final (restated) 0.50
17th Jun 2002 31/01/2002 Final (restated) 1.00
16th Jul 2001 31/01/2001 Final (restated) 3.10
30th Jun 2000 31/01/2000 Final (restated) 3.10
TOTAL     98.20

Restatement of dividends following capital reorganisation

Dividend payment amounts have been re-stated following a capital reorganisation in October 2006. 

Dividend Investment Scheme

The Company operates a Dividend Investment Scheme (“the Scheme’’), providing shareholders with the opportunity to reinvest their cash dividends into new shares in the Company.

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 (i) 70% of the last published net asset value per existing ordinary share and (ii) the average market price of the shares for the five business days prior to the dividend being paid.  This price (ii) 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 the following links.

Terms and conditions

Mandate Form

Shareholders can also elect to join or leave the Scheme by post to Capita Asset Services, The Registry, 34 Beckenham Road, Beckenham, Kent BR3 4TU or by telephone: 0371 664 0324. Calls are charged at the standard geographic rate and will vary by provider. Calls from outside the United Kingdom are charged at the applicable international rate.  Lines are open 9.00 am – 5.30 pm Mon – Fri, excluding public holidays in England and Wales.