Jpm Uk Sml Cap Share News (JUGI)

UK dividends calendar - next 7 days

IN BRIEF: JPMorgan UK Small Cap Growth & Income Trust beats benchmark

JPMorgan UK Small Cap Growth & Income Trust PLC - invests for capital growth in UK-listed smaller companies - Outperforms benchmark in the financial year that ended July 31. Net asset value total return is 28%, compared to 13% for the trust's benchmark, the Numis smaller companies plus AIM index, excluding investment companies. NAV was 376.2 pence per share on July 31, up from 310.3p a year before. Due to an enhanced dividend policy, the trust will pay a dividend of 15.04p for the year ahead, up 50% from 10.06p in the year just ended. The enhanced dividend policy follows the company's merger with JPMorgan Mid Cap Investment Trust PLC back in February. It calls for paying in quarterly instalments each year 4% of the company's NAV at the end of the previous year. The trust still aims for capital growth, despite the enhanced payout plan, it says. The annual general meeting for the trust will be held on November 27.

UK dividends calendar - next 7 days

IN BRIEF: JPMorgan UK Small Cap Growth promotes Katrina Hart to chair

JPMorgan UK Small Cap Growth & Income Trust PLC - invests in UK-listed smaller companies - Promotes Non-Executive Director Katrina Hart to chair, effective from after the company's annual general meeting on November 27, succeeding Andrew Impey, who is retiring from the board. Incoming chair Hart also is an independent non-executive director at London-based real estate investment trust AEW UK REIT PLC, and a senior independent director at Keystone Positive Change Investment Trust PLC. Keystone invests in companies which make positive social or environmental impact and is managed by Baillie Gifford.

IN BRIEF: JPMorgan UK Small Cap Growth & Income beats benchmark

JPMorgan UK Small Cap Growth & Income Trust PLC - invests in UK listed smaller companies - Net asset value per share at January 31 financial year end increases 1.5% to 327.5 pence each from 322.6p 12 months earlier. Reports total return on net assets of 8.5%, outperforming Numis Smaller Companies plus AIM (excluding investment companies) index which returned 1.0%.