Dividend Declaration

RNS Number : 4232R

Schroder Income Growth Fund PLC

29 June 2020

 

29 June 2020

Third interim dividend

for the year ending 31 August 2020

The directors of Schroder Income Growth Fund plc (the "Company") have declared a third interim dividend of 2.50 pence (net) per share for the year ending 31 August 2020, payable on 31 July 2020 to shareholders on the register on 10 July 2020.  

Ex-dividend date:  9 July 2020

Record date:  10 July 2020

Payment date:                                         31 July 2020

Dividend per share:                               2.50 pence (net)

This dividend is unchanged from the first and second interim dividends at 2.50 pence per share. In maintaining the dividend at this level, the board is very aware of the current circumstances and uncertainties affecting the global economy and will therefore be keeping the future level of dividends under close review, noting that the dividends announced to date this year have been covered by revenues received. The board draws comfort from the level of the Company's revenue reserve, equivalent to 12.5 pence per share, brought forward at 1 September 2019.

Enquiries :  

Matthew Riley

Schroder Investment Management Limited 

020 7658 6596

 

END

 

 

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