Dividend Declaration

RNS Number : 6011S

Personal Assets Trust PLC

13 September 2010

 

To:                   RNS

From:              Personal Assets Trust plc

Date:               13 September 2010

Dividend Declaration

The Board of Personal Assets Trust plc has today declared a first interim dividend for the year ended 30 April 2011 of £2.70 per share. The dividend will be paid on 21 October 2010 to shareholders on the register on 1 October 2010. The ex-dividend date will be 29 September 2010.

The Board's stated dividend policy is for the present dividend rate to grow in real terms relative to both the Retail Price Index and the Consumer Price Index and never to cut the dividend rate, so shareholders know that each half-yearly payment will at least equal the previous one. Therefore, the second interim dividend for the year ended 30 April 2011, expected to be paid in April 2011, will be at least £2.70 per share and the total dividend for the year will be not less than £5.40.

For further details, please contact :-

Robin Angus, Executive Director                                0131 538 6601

Steven Davidson, Company Secretary                      0131 538 6603

 

END

 

 

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