Troy Income & Growth Trust plc
To: RNS
From: Troy Income & Growth Trust plc
LEI: 213800HLNMQ1R6VBLU75
Date: 14 December 2020
Dividend Declaration
The Board of Troy Income & Growth Trust plc has declared a first interim dividend of 0.49p per share (2020 - 0.695p per share) in respect of the year to 30 September 2021 payable on 22 January 2021 to shareholders on the register at the close of business on 4 January 2021.
It is the Board's intention, barring unforeseen circumstances, to at least maintain the quarterly dividend rate of 0.49p per share for the full year to 30 September 2021.
As explained in the Annual Report, the reduction in dividend when compared to the year to 30 September 2020 recognises both the structural impact of the COVID-19 pandemic on the UK equity dividend landscape and the portfolio changes made by the Manager - changes aimed at ensuring the continued balance of income and capital return from the underlying portfolio.
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PATAC Limited (Company Secretary)
Tel: 0131 378 0500