Last checked at 23 Apr 2020 15:29
LONDON STOCK EXCHANGE ANNOUNCEMENT
JPMORGAN CLAVERHOUSE INVESTMENT TRUST PLC
(the 'Company')
Legal Entity Identifier: 549300NFZYYFSCD52W53
Information disclosed in accordance with DTR 6.1.13
First quarterly interim dividend
The Directors have declared that a first quarterly interim dividend of 6.50 pence per share for the year ending 31st December 2020 will be paid on 1st June 2020 to shareholders on the register at the close of business on 1st May 2020. The ex-dividend date will be 30th April 2020.
While the Board is conscious of the effect that the Coronavirus pandemic is having on dividends from its portfolio companies, it also recognises that the Company has the benefit of strong revenue reserves.
As announced in the Annual Report, the Board has decided to re-balance the Company's dividend payments and currently intends to increase the dividend payable in each of the first three quarters to 6.50 pence from the 6.25 pence paid in the previous period.
The Company has increased its total annual dividend for 47 consecutive years and the Board's dividend policy remains to seek to increase the dividend each year and, taking a run of years together, to pay dividends that at least match the rate of inflation.
23rd April 2020
For further information:
Faith Pengelly
JPMorgan Funds Limited 020 7742 4000