Invesco Global Equity Income Trust Plc - Dividend Declaration
July 10 2024 - 12:03PM
UK Regulatory
Invesco Global Equity Income Trust Plc -
Dividend Declaration
PR Newswire
LONDON, United Kingdom, July 10
LEI: 549300JZQ39WJPD7U596
Invesco Global
Equity Income Trust plc
Headline: First
Interim Dividend
The
Directors of Invesco Global Equity Income Trust plc are pleased to
declare a First Interim Dividend for the year ending 31 May 2025 of 3.13p per Global Equity Income
share, payable 15 August 2024 to
shareholders on the register on 19 July
2024.
The shares
will be quoted ex-dividend on 18 July
2024. The projected annualised total dividend of 12.52p per
share, represents an increase of at least 70% over the annual
dividend that was paid to shareholders for the full year ending
31 May 2024.
Dividend Policy
Shareholders are
reminded that following completion of the restructuring of the
Company in May 2024, the Company has
adopted a new dividend policy. The new policy will pay an annual
dividend of at least 4 per cent. calculated on the unaudited year
end NAV, paid quarterly in equal amounts. The intention is that
these dividends are to be paid from the Company's revenues and, if
required, capital reserves. The Board believes that this should
provide both an enhanced dividend compared to historical dividends
paid on the Global Equity Income shares and, once the relevant NAV
is known, a smoother, more predictable income to
shareholders.
Invesco Asset
Management Limited
Corporate
Company Secretary
10 July 2024
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