UK MORTGAGES
LIMITED
(a closed-ended investment company
incorporated with limited liability under the laws of
Guernsey with registered number
60440)
LEI: 549300388LT7VTHCIT59
Dividend Policy
Update
Following the successful implementation of the strategic plan
approved by shareholders in December
2020, the Company has delivered increasing income returns
such that the current 1.125p quarterly dividend is being
consistently and healthily covered. Income for the month to
30 September 2021 was 0.67p per
share, which follows prior months’ income of approximately 0.54p
and 0.45p per share.
Considering this strong performance backdrop, and the positive
outlook for asset performance, it is the Board’s intention to
declare an increased dividend of 1.25p per share in respect of the
remaining three quarters of the Company’s financial year ending
30 June 2022. Additionally it is
currently intended, conditional on the Board’s assessment of actual
and prospective performance, that further progression in the
dividend per share will be possible in respect of the Company’s
financial year ending 30 June
2023.
Enquiries:
Numis, Financial Adviser and Corporate Broker
Nathan Brown
020 7260 1000
Northern Trust International Fund Administration Services
(Guernsey) Limited
Company Secretary
Tel: 01481 745001