Last checked at 1 Jul 2020 16:04
London Stock Exchange Announcement
JPMorgan Global Growth & Income plc
Target Dividend for the year to 30th June 2021
JPMorgan Global Growth & Income plc (the 'Company') adopted the current distribution policy in July 2016 pursuant to which it intends to pay dividends totalling at least 4 per cent. of the net asset value of the Company as at the end of the preceding financial year.
The Board announces that, in relation to the year commencing 1st July 2020, the Company intends to pay dividends totalling 13.16p per share, which represents a yield of 4.0 per cent. of the unaudited cum income with debt at fair value net asset value as at the 30th June 2020 of 328.2 pence per share. It is expected that such dividends will be paid by way of four equal distributions, with the first interim dividend for the financial year ending 30th June 2021 of 3.29p per share (for the period to 30th September 2020), being paid on 2nd October 2020 to shareholders on the register at the close of business on 28th August 2020. The ex-dividend date is 27th August 2020.
The intended dividend for the year commencing 1st July 2020 represents an increase of 0.92 per cent. over the total dividend of 13.04p per share payable for the prior financial year.
Legal Entity Identifier: 5493007C3I0O5PJKR078
Information disclosed in accordance with DTR 6.1.13
For and on behalf of
JPMorgan Funds Limited, Secretary
1st July 2020
For further information:
Divya Amin - 020 7742 4000