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)|
|21st Jun 2018||30/09/2018||Interim||2.50|
|15th Feb 2018||30/09/2017||Final||3.00|
|31st Aug 2017||30/09/2017||Special||15.00|
|20th Jun 2017||30/09/2017||Interim||3.00|
|15th Feb 2017||30/09/2016||Final||4.00|
|7th Jul 2016||30/09/2016||Interim||6.00|
|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 is proposing a final dividend in respect of the year ended 30 September 2018 of 3.50 pence per share. The dividend will be proposed to shareholders at the Annual General Meeting of the Company to be held on 6 February 2019, for payment on 15 February 2019 to shareholders on the register on 11 January 2019.
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
Please note that the Company has suspended its Dividend Investment Scheme (“the Scheme’’) as of 12 December 2018 until further notice, please see the Chairman's Statement in the Final Results for year ended 30 September 2018 for further details.
The Scheme provided 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 cannot currently elect to join the Scheme but can alter their mandate instruction by post to Link Asset Services, The Registry, 34 Beckenham Road, Beckenham, Kent BR3 4TU 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.