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Dividend Declaration

30 Jan 2024 07:00

RNS Number : 2811B
CVC Income & Growth Limited
30 January 2024
 

30 January 2024

 

 

CVC Income & Growth Limited (the "Company")

(a closed-ended investment company incorporated in Jersey with registration number 112635)

Registered Office: IFC 1, The Esplanade, St Helier, Jersey, JE1 4BP

 

 

Dividend Declaration - Dividend Increase

The information contained within this announcement constitutes inside information.

 

The Board of Directors of the Company has declared a quarterly interim dividend of 4.125p per ordinary Sterling Share and 2.25c per ordinary Euro Share.

 

These amounts reflect an uplift to the previously indicated quarterly dividend of 1.875p per Sterling ordinary share and 1.75c per Euro ordinary share announced by the Company on 7 March 2023.

 

The dividends will be payable on 1 March 2024 to shareholders on the register as at the close of business on 9 February 2024 (the record date) and the corresponding ex-dividend date will be 8 February 2024.

 

 

Richard Boléat, Chair of the Company, commented:

 

"As referenced in my statement accompanying the Company's Half Yearly Financial Report published on 27th September 2023, today's announcement represents a pleasing additional distribution to shareholders, made possible by the Company's excellent performance in 2023. Today's announcement brings total distributions in respect of 2023 to 9.75p and 7.5c per ordinary GBP/EUR share respectively, delivering an annual yield on the current GBP / EUR share prices of approximately 9.3% / 8%.

 

 

The person responsible for arranging for the release of this announcement on behalf of the Company is Sharon A Williams of BNP Paribas S.A., Jersey Branch, Company Secretary.

 

Enquiries:

 

CVC Income & Growth Limited: +44 (0)1534 625 522

Richard Boléat

 

BNP Paribas S.A., Jersey Branch: +44 (0)1534 813873

 

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