BHIU.L Regulatory News (BHIU)

To: RNS

From: BMO UK High Income Trust PLC

Date: 26 February 2020

LEI: 213800B7D5D7RVZZPV45

Dividend and Capital Repayment

The Board of BMO UK High Income Trust PLC announces a fourth quarter dividend in respect of the financial year to 31 March 2020 of 1.34 pence per Ordinary share. This dividend will be paid on 1 May 2020 to Ordinary shareholders on the register on 3 April 2020.

A fourth quarter capital repayment of 1.34 pence per B share will be paid on 1 May 2020 to B shareholders on the register on 3 April 2020. Capital repayments on B shares are paid at the same time and in an amount equal to each dividend paid on an Ordinary share.

This represents an increase of 3.9% over the fourth quarter dividend / capital repayment paid in the prior year. For the financial year to 31 March 2020, total dividends / capital repayments have increased by 3.4% to 5.21 pence per share (Financial year to 31 March 2019: 5.04 pence per share).

Based on these distributions, the dividend yield on an Ordinary share was 5.4% based on the Ordinary share price of 97.0 pence as at 25 February 2020, and the distribution yield on a B share was 5.3% based on the B share price of 98.0 pence on the same date. These yields compare favourably with the yield on the FTSE All-Share Index of 4.4% at the same date. For those shareholders that hold units (each comprising three Ordinary shares and one B share) the distribution yield on this unit holding was 5.4% based on a unit price of 385 pence as at 25 February 2020.

Enquiries:

Philip Webster, Fund Manager

BMO Investment Business Limited

Tel: 0207 628 8000