Dividend Declaration

JPMorgan Global Growth & Income PLC

03 July 2023

 

London Stock Exchange Announcement

JPMorgan Global Growth & Income plc

(the "Company")

Dividend for the year to 30th June 2024

Legal Entity Identifier: 5493007C3I0O5PJKR078

Information disclosed in accordance with DTR 6.1.13

The Board is pleased to announce that it intends to pay dividends totalling 18.44 pence per share (4.61 pence per share per quarter) in relation to its financial year commencing 1st July 2023. This is equivalent to 4.0% of the Company's net asset value as at 30 June 2023 and represents an increase of 8.5% on the last financial year's total dividend of 17.00 pence per share. This will be the 8th consecutive year that the dividend has been raised.

It is expected that the dividends will be paid by way of four equal distributions, with the first interim dividend for the financial year ending 30th June 2024 of 4.61 pence per share (for the period to 30th September 2023), being paid on 6th October 2023 to shareholders on the register at the close of business on 1st September 2023. The ex-dividend date is 31st August 2023. The three other dividends are expected to be paid in January, April and July.

The Company adopted the current distribution policy in July 2016 pursuant to which it intends to pay, in the absence of unforeseen circumstances, dividends totalling at least 4 per cent. of the net asset value of the Company as at the end of the preceding financial year.  Since the introduction of this distribution policy, and taking into account the proposed annual dividend of 18.44 pence per share, the Company's annual dividend has increased by over 475%.

As a reminder, the Company offers the option for shareholders to invest their dividend in a Dividend Reinvestment Plan ("DRIP"), which is managed by the Company's registrar. For details on the DRIP, please contact the Company's Registrar, Equiniti Limited.

The key dates relating to this dividend are given below:

Ex-dividend date	31st August 2023
Record date	1st September 2023
Last date for DRIP election	15th September 2023
Payment date	6th October 2023

For and on behalf of

JPMorgan Funds Limited, Secretary

3rd July 2023

For further information:

Divya Amin - 020 7742 4000

 

END