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BMO Managed Portfolio Trust Proposes Third 1.35 Pence Dividend

Thu, 14th Mar 2019 13:24

LONDON (Alliance News) - BMO Managed Portfolio Trust PLC on Thursday announced a third interim dividend of 1.35 pence per share in respect of the year ending May.

The third interim payout represents a 3.8% increase on the prior year's 1.3p per share dividend.

This dividend is payable on April 12 to shareholders on the register on March 22.

Including this third one, each of the first three quarterly interim dividends have been 1.35p each and the company expects the total dividend for the year to be at least 5.85p per share, up from 5.7p a year ago.

BMO Managed Portfolio Trust shares were trading down 3.0% at 128.00p each.

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