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IN BRIEF: Templeton Emerging Markets Gets GBP27 Million Tax Refund

Sun, 31st May 2020 14:37

Templeton Emerging Markets Investment Trust PLC - investment in companies in emerging markets

Has received tax refund from UK tax collector HMRC of GBP26.5 million. This represents 1.4% of GBP1.94 billion in ex-income net asset value on May 27, or 804.52 pence per share. Refund to be booked as income in financial 2021. "Mindful of the current crisis", board will consider next year's dividend "in light of full-year results".

Current stock price: 721.00

12-month change: down 3.5%

By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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