Dividend Declaration

RNS Number : 6489F

Seneca Global Income & Growth PLC

18 November 2020

 

Seneca Global Income & Growth Trust plc

To:                    RNS

From:  Seneca Global Income & Growth Trust plc

LEI:  213800OQTUSRFDIL9L29

Date:  18 November 2020

Announcement of Second Interim Dividend

The Company has today declared a second interim dividend in respect of the year ending 30 April 2021 of 1.68p per Ordinary 25p share, which will be payable on 18 December 2020 to Ordinary shareholders on the register on 27 November 2020, with an ex-dividend date of 26 November 2020.

As explained in the Annual Report, there are many listed companies being forced, or deciding it is prudent, to cut, suspend or cancel their dividends and it remains to be seen how long these actions or policies will last and what level of dividends such companies will distribute in due course. Once this is clearer, the Board will evaluate an appropriate level for the Company's dividend. Until then, it is the Board's intention, barrin g further unforeseen circumstances, that it will maintain the quarterly dividend rate of 1.68p per share, representing an annualised yield of 4.3% on the closing share price yesterday of 156.25p.

All enquiries:

PATAC Limited,   Company Secretary   0131 378 0500

David Thomas,    Seneca Investment Managers Ltd,  0151 906 2480

Gary Moglione,    Seneca Investment Managers Ltd,  0151 906 2461

https://senecaim.com/private-investors/investment-trust/

 

END

 

 

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