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Pin to quick picksMurray Income Trust Regulatory News (MUT)

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Murray Income is an Investment Trust

To achieve a high and growing income combined with capital growth through investment in a portfolio principally of UK equities.

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Announcement of Interim Dividends

9 Nov 2023 07:00

RNS Number : 8356S
Murray Income Trust PLC
09 November 2023
 

Murray Income Trust PLC

Legal Entity Identifier (LEI): 549300IRNFGVQIQHUI13

 

Announcement of Interim Dividends

 

9 November 2023

 

Accelerated distribution of interim dividends for the year ending 30 June 2024 to even out quarterly payments

 

Murray Income Trust PLC (the "Company") has today declared first, second and third interim dividends per share of 9.50 pence, totalling 28.50 pence per share, in respect of the year ending 30 June 2024 (2023: 8.25 pence, totalling 24.75 pence per share), as follows -

 

Interim

Dividend

Dividend per Ordinary share (pence)

 

Ex-dividend date

Record date

Payment date

Final date for DRIP participation

First

9.50

16 November 2023

17 November 2023

14 December 2023

24 November 2023

Second

9.50

15 February 2024

16 February 2024

14 March 2024

23 February 2024

Third

9.50

16 May 2024

17 May 2024

13 June 2024

24 May 2024

 

The increase in the level of the interim dividends, as compared to the previous year, reflects the Directors' rebalancing of the dividends in order to accelerate payments to shareholders. As a result, the Board expects that the fourth interim dividend per share, to be announced in August 2024 (2023: 12.75p pence per share), will be at least 9.50 pence per share, which would represent total dividends for year ending 30 June 2024 of 38.00 pence per share (2023: 37.50 pence per share).

 

Further details on the Company's Dividend Reinvestment Plan (the "DRIP") may be found on the website of Link Group, registrar, at www.signalshares.com.

 

Enquiries:

 

Stuart Reid

abrdn Holdings Limited

Secretaries

 

Email: cef.cosec@abrdn.com

 

 

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