Dividend Declaration

RNS Number : 9172X

British Assets Trust PLC

25 November 2014

 



TO:        RNS

DATE:   25 November 2014

FROM:  British Assets Trust plc

Fourth and Final Quarterly Interim Dividend

As announced on 18 November, the Company's Annual General Meeting will be held on 26 February 2015. This date falls after the usual payment date of the Company's final dividend and, consequently, so as to ensure that this dividend is paid at the same time as in previous years, the Board has decided to pay a fourth interim dividend in respect of the year ended 30 September 2015 instead of a final dividend.

The Board therefore declares a fourth and final quarterly interim dividend in respect of the year to 30 September 2014, of 1.895 pence per share on the ordinary shares of the Company. This will bring the total dividends for the year to 6.440 pence per share, representing a 3.0% increase compared to the total dividends for the year ended 30 September 2013 of 6.2522 pence per share.

This fourth and final interim dividend will be paid on 30 January 2015 to shareholders on the register on 30 December 2014.

The last date for receipt of mandate instructions for those shareholders who wish to join the Dividend Reinvestment Plan is 9 January 2015.

For further information please contact:

G R Hay Smith

F&C Investment Business Ltd

Tel:   [phone]

 

END

 

 

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