Hansa Trust PLC Dividend Declaration (3017F)
May 16 2017 - 6:53AM
UK Regulatory
TIDMHAN
RNS Number : 3017F
Hansa Trust PLC
16 May 2017
HANSA TRUST PLC
(LEI: 213800AIF87JWGLA1L74)
Announcement Dividend level for year to 31 March 2018
Hansa Trust PLC announces, further to its dividend policy, the
advance notification of the two interim dividends for its financial
year ending 31 March 2018. Barring unforeseen circumstances, the
Company expects to pay two interim dividends of 8.0p each. The
first interim dividend will be paid in November 2017 and the second
will be paid in May 2018.
Dividend Policy
The Board's dividend policy is to pay two similar interim
dividends each year. The Board will declare the rate of the two
dividends, barring unforeseen circumstances, at the beginning of
the financial year in question. The first interim dividend will
then be paid in November during the financial year with the second
being paid in the May following the end of the financial year.
Again barring unforeseen circumstances, the Company expects the
dividends to grow over time reflecting the longer--term returns of
the portfolio. If circumstances are such that the level of cash
income generated by the portfolio is insufficient to meet the
dividend commitment, the shortfall may be made up from the
Company's reserves. Under certain one--off circumstances an extra
and final dividend may be proposed at the Company's Annual General
Meeting.
For further information please contact:
Stephen Thomas
Hansa Capital Partners LLP
020 7647 5750
This information is provided by RNS
The company news service from the London Stock Exchange
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