Last checked at 
21 Jan 2022 07:00
Chenavari Toro Income Fund Limited (the Company)
21 January 2022
Dividend for the Quarter Ended 31 December 2021
In line with the enhanced dividend policy announced by the Company on 8 June 2020 (the "Enhanced Dividend Policy"), the Company is pleased to announce payment of its quarterly dividend of 2.5% (Euro 0.0187 per ordinary share) (the "Regular Quarterly Dividend") for the period from 1 October 2021 to 31 December 2021.
Payment will be made on 11 March 2022 to holders of ordinary shares recorded on the register as at close of business on 4 February 2022 with an ex-dividend date of 3 February 2022. The quarterly Dividend Yield remains targeted at 2.5% quarterly.
Shareholders wishing to take the dividend in scrip, or to make a dividend currency election, should note that the last date to make an election to join the Scrip dividend scheme or make a currency election to be eligible for the dividend paying on 11 March 2022 is 17:00 16 February 2022. The Scrip Reference Price will be calculated and announced on or around 10 February 2022.
With effect from 1 January 2021, the maximum cash balance cap was reduced to a level of not more than 5 per cent. of NAV, unless the investment manager, at its discretion, decides to maintain such cap at a maximum of 10 per cent., should market opportunities in liquid and tradable European ABS / CLO arise.
Further information in relation to the Company is available at:
http://www.chenavaritoroincomefund.com
Enquiries:
Guy Goyard
Chenavari Investment Managers
Email: tlir@chenavari.com
Telephone: +44 20 7259 3600