Move to quarterly dividends

RNS Number : 2222F

Martin Currie Global Portfolio Tst

21 May 2013

 



Martin Currie Global Portfolio Trust Plc

21^st May 2013

After careful consideration, the Board has decided to move to quarterly dividends. In recent years, there has been a trend as dividends have grown towards paying dividends quarterly rather than twice per year. We recognise that dividends are important to our shareholders and understand that many of our investors value regular and stable returns. The Company has accordingly decided to commence paying dividends quarterly. The first interim dividend of 0.9p per share for the year ended 31 January 2014 will be paid on 26 July 2013, to shareholders on the register on 5 July 2013. Thereafter, dividends will be paid in October January and April. 

The Board remains committed to a progressive dividend policy over the longer term. The Company has maintained or increased its dividend each year since it launched in 1999.

The Board has also been pleased with the tightening of the discount over the past six months and continues to monitor and manage the discount.

Enquiries:

Victoria Timlin

Telephone - 0131 229 5252

 

END

 

 

MSCZMGZKMMZGFZM