European Assets Trust Regulatory News (EAT)

To: RNS

From: European Assets Trust PLC

Date: 27 September 2023

LEI: 213800N61H8P3Z4I8726

October Quarterly Dividend

European Assets Trust PLC ("the Company") announces that a dividend of 1.45 pence per share will be paid on 31 October 2023 to shareholders on the register on 6 October 2023, having an ex-dividend date of 5 October 2023. 

In addition, the Company has paid dividends of 1.45 pence per share in January, April and July 2023. These four interim dividends, with a cumulative total of 5.80 pence per share, provide an annual payment to shareholders representing six per cent of the closing net asset value ("NAV") per share of the Company as at 31 December 2022.

As at 26 September 2023, the latest practicable date prior to publication of this announcement, an annual dividend of 5.80 pence per share represents a yield of 6.9 per cent calculated with reference to the Company's closing share price of 84.0 pence that day.

The level of dividend paid each year is determined in accordance with the Company's distribution policy. The Company has stated that, barring unforeseen circumstances, it will pay an annual dividend equivalent to six per cent of its NAV at the end of the preceding year. The latest published NAV for the Company was 91.37 pence as at 25 September 2023.

Enquiries:

Scott McEllen

Columbia Threadneedle Investment Business Limited Tel: 0131 573 8300