Chenavari Toro Income Fund Limited Dividend Declaration (1520Z)
January 21 2022 - 2:00AM
UK Regulatory
TIDMTORO
RNS Number : 1520Z
Chenavari Toro Income Fund Limited
21 January 2022
Chenavari Toro Income Fund Limited (the Company)
21 January 2022
Dividend for the Quarter Ended 31 December 2021
In line with the enhanced dividend policy announced by the
Company on 8 June 2020 (the "Enhanced Dividend Policy"), the
Company is pleased to announce payment of its quarterly dividend of
2.5% (Euro 0.0187 per ordinary share) (the "Regular Quarterly
Dividend") for the period from 1 October 2021 to 31 December
2021.
Payment will be made on 11 March 2022 to holders of ordinary
shares recorded on the register as at close of business on 4
February 2022 with an ex-dividend date of 3 February 2022. The
quarterly Dividend Yield remains targeted at 2.5% quarterly.
Shareholders wishing to take the dividend in scrip, or to make a
dividend currency election, should note that the last date to make
an election to join the Scrip dividend scheme or make a currency
election to be eligible for the dividend paying on 11 March 2022 is
17:00 16 February 2022. The Scrip Reference Price will be
calculated and announced on or around 10 February 2022.
With effect from 1 January 2021, the maximum cash balance cap
was reduced to a level of not more than 5 per cent. of NAV, unless
the investment manager, at its discretion, decides to maintain such
cap at a maximum of 10 per cent., should market opportunities in
liquid and tradable European ABS / CLO arise.
Further information in relation to the Company is available
at:
http://www.chenavaritoroincomefund.com
Enquiries :
Guy Goyard
Chenavari Investment Managers
Email: tlir@chenavari.com
Telephone: +44 20 7259 3600
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