Dividend Declaration

RNS Number : 4962H

Montanaro European Smaller C.TstPLC

22 February 2010

 



TO:                  RNS

FROM:             Montanaro European Smaller Companies Trust plc

DATE:              22 February 2010

Dividend Declaration

Montanaro European Smaller Companies Trust plc today announces a second interim dividend payment in respect of the financial year ended 31 March 2010 of 2.75 pence per share as detailed in the schedule below:

Ex-Dividend Date        -    3 March 2010

Record Date                -    5 March 2010

Pay Date                      -   1 April 2010 

This second interim dividend is in place of a final dividend for the year ended 31 March 2010. Including the first interim dividend of 1.75 pence per share paid on 8 January 2010, this takes the total dividend for the year to 4.50 pence per share, unchanged from the level of basic dividend paid in respect of the previous year.

In the previous year the Company also paid special dividends of 2.83 pence per share in respect of the recovery of VAT on investment management fees and associated interest. There are no such special dividends in respect of the year ended 31 March 2010.

All enquiries:

G R Hay Smith

F&C Investment Business Limited

Company Secretary

Tel: [phone]

 

END

 

 

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