First Interim Dividend

RNS Number : 0255T

Aberdeen Smaller Co's Inc Tst PLC

22 March 2021

 

22 March 2021

Aberdeen Smaller Companies Income Trust PLC

Legal Entity Identifier (LEI): 213800J6D2TVHRGKBG24

Information disclosed in accordance with DTR 6.1.13

The Board of Aberdeen Smaller Companies Income Trust PLC declare a first interim dividend of  2.15p per share in respect of the year to 31 December 2020 (first interim 2020: 2.06p) payable on 23 April 2021 to shareholders on the register at close of business on 6 April 2021.  The ex-date is 1 April 2021.

The Board has always regarded a key purpose of our Trust as the generation of income for our shareholders.

We have decided to increase our first interim dividend and believe that helping shareholders cover an income decline elsewhere will be more valuable to them than conservatively mirroring market improvement over time.  Our significant revenue reserve helped to provide the Company with the flexibility to support this decision. 

We shall of course continue to monitor this situation each quarter and may have to take a different decision, once greater clarity emerges of the outlook for 2021 and 2022.

Aberdeen Smaller Companies Income Trust PLC is managed by Aberdeen Standard Fund Managers Limited.

End

 

END

 

 

DIVDKBBPCBKKANB