19 Aug 2020 07:00
Seneca Global Income & Growth Trust plc
To: RNS
From: Seneca Global Income & Growth Trust plc
LEI: 213800OQTUSRFDIL9L29
Date: 19 August 2020
Announcement of First Interim Dividend
The Company has today declared a first interim dividend in respect of the year ending 30 April 2021 of 1.68p per Ordinary 25p share, which will be payable on 25 September 2020 to Ordinary shareholders on the register on 4 September 2020, with an ex-dividend date of 3 September 2020.
As explained in the Annual Report, there are many listed companies being forced, or deciding it is prudent, to cut, suspend or cancel their dividends and it remains to be seen how long these actions or policies will last and what level of dividends such companies will distribute in due course. Once this is clearer, the Board will evaluate an appropriate level for the Company's dividend. Until then, it is the Board's intention, barring further unforeseen circumstances, that it will maintain the quarterly dividend rate of 1.68p per share, representing an annualised yield of 4.6% on the closing share price yesterday of 145.25p.
All enquiries:
PATAC Limited, Company Secretary 0131 538 1400
David Thomas, Seneca Investment Managers Ltd, 0151 906 2480
Gary Moglione, Seneca Investment Managers Ltd, 0151 906 2461
https://senecaim.com/private-investors/investment-trust/