To: RNS
From: Personal Assets Trust plc
Date: 19 March 2009
Dividend Declaration
The Board of Personal Assets Trust plc has today declared a second interim dividend for the year to 30 April 2009 of £2.50 per share, making a total of £5.00 for the year. This is an 8.7% increase compared to the previous year. The dividend will be paid on 24 April 2009 to shareholders on the register on 3 April 2009. The ex-dividend date will be 1 April 2009.
The Board's stated dividend policy is for the present dividend rate to grow in real terms and never to cut the dividend rate, so shareholders know that each half-yearly payment will at least equal the previous one. Therefore, the first interim dividend for the year ended 30 April 2010, expected to be paid in October 2009, will be at least £2.50 per share and the total dividend for the year will be not less than £5.00.
For further details, please contact :-
Steven Budge, Personal Assets Trust plc 0131 225 9995
Steven Davidson, Company Secretary 0207 628 8000