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Pin to quick picksP2P.L Share News (P2P)

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P2P Global Investments Declares 12 Pence Per Share Interim Dividend

Wed, 31st Oct 2018 09:26

LONDON (Alliance News) - P2P Global Investments PLC on Wednesday declared a quarterly dividend of 12 pence per share, flat on the previous year.

The dividend covers the three-month period to September 30 and will be paid to shareholders on December 19.

P2P added: "The company has elected to designate all of the interim dividend for the three-month period to 30 September, as an interest distribution to its shareholders.

"In doing so the company is taking advantage of UK tax treatment by 'streaming' income from interest-bearing investments into dividends that will be taxed in the hands of shareholders as interest income."

P2P shares were trading up 0.1% at 778.0p each early Wednesday.

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