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25 Sep 2019 07:00
25 September 2019
SQN Secured Income Fund plc
Monthly Dividend
SQN Secured Income Fund plc (LSE: SSIF) (the "Company"), a specialist secured lending income investment trust, listed in the UK, is pleased to announce the second monthly dividend for the year ending 30 June 2020:
Dividend amount: | 0.583 pence per Ordinary Share |
Ex-date: | 03 October 2019 |
Record date: | 04 October 2019 |
Payment date: | 25 October 2019 |
The Company has elected to designate all of the dividends for the period ended 31 August 2019 as interest distributions to its shareholders. In doing so, the Company is taking advantage of UK tax treatment by "streaming" income from interest-bearing investments into dividends that will be taxed in the hands of shareholders as interest income.
For further information please contact:
(http://www.sqncapital.com/managed-funds/sqn-secured-income-fund/about/)
| ||
SQN Asset Management Limited Neil Roberts/Jeremiah Silkowski/Dawn Kendall
| tel: +44 1932 575 888
| |
finnCap Ltd. Corporate Finance: William Marle / Giles Rolls Sales: Mark Whitfeld
| tel: +44 20 7220 0500
| |
Kepler Partners LLP Hugh van Cutsem
| tel: +44 20 3384 8790 | |
Buchanan Communications Charles Ryland/Henry Wilson
| tel: +44 20 7466 5000 | |
Notes to Editor
The Company aims to provide shareholders with attractive risk-adjusted returns, principally in the form of regular, sustainable dividends, through investment predominantly in a range of secured loans and other secured loan-based instruments originated through a variety of channels and diversified by way of asset class, geography and duration.
The Company's Investment Managers are SQN Capital Management, LLC, a Registered Investment Advisor with the United States Securities and Exchange Commission and its subsidiary, SQN Asset Management Limited. The principals responsible for managing the portfolio are Jeremiah Silkowski, Dawn Kendall and Neil Roberts.
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