Perpetual Inc&Growth Dividend Declaration

 
TIDMPLI 
 
Perpetual Income and Growth Investment Trust plc 
 
HEADLINE:     Fourth Interim Dividend 
 
The Directors are pleased to declare a fourth interim dividend for the year 
ended 31 March 2020 of 4.8p per Ordinary Share. The dividend is payable on 30 
June 2020 to Ordinary Shareholders on the register on 5 June 2020. The shares 
will be marked ex-dividend on 4 June 2020. 
 
This gives a total dividend for the financial year of 15.0p per share, 
representing an increase of 3.4% on the previous year. This extends again the 
Company's record of year-on-year ordinary dividend increases since 1999 and its 
continued status as an AIC "Dividend Hero". 
 
Forecasting dividend receipts for the current financial year is challenging as 
the underlying investee companies adapt to the consequences on their businesses 
following Covid-19. In addition, once appointed, the new investment manager is 
likely to make a number of portfolio changes. Therefore the Board is not in a 
position to set a target for dividends to be paid by the Company in the next 
financial year. The Board is mindful, however, that the Company has significant 
accumulated reserves and would be prepared to pay dividends from those reserves 
if it felt it appropriate to do so. 
 
for and on behalf of 
Invesco Asset Management Limited 
Company Secretary 
 
26 May 2020 
 
 
 
END

(END) Dow Jones Newswires

May 26, 2020 10:48 ET (14:48 GMT)

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