Dividend Declaration

RNS Number : 0321F

Witan Investment Trust PLC

11 November 2020

 

11 November 2020

WITAN INVESTMENT TRUST PLC

Payment of a Third Interim Dividend

In accordance with its normal policy, the Company expects to pay quarterly interim dividends each year in March, June, September and December.  The Company has previously indicated that the first three payments in respect of 2020 (in June, September and December) will, in the absence of unforeseen circumstances, be paid at a rate of 1.34 pence per share, being approximately one quarter of the full year payment for 2019 (5.35 pence).  The fourth payment (in March 2021) will be a balancing amount, reflecting the difference between the three quarterly dividends already paid and the payment decided for the full year.

Accordingly, the Company hereby announces that a third interim dividend of 1.34 pence per ordinary share of 5 pence, in respect of the year ending 31 December 2020, will be paid on Friday 18 December 2020 to shareholders registered at the close of business on Friday 20 November 2020 (ex-dividend date Thursday 19 November 2020).

The Company has increased its dividend every year since 1974 (a 45 year record of increases), recognising the importance for many of its investors of a reliable and growing income. The Board's policy remains to grow the dividend each year and the full year's dividend for 2020 is expected to show a further year of growth.

- ENDS -

For further information please contact:

Andrew Bell, Chief Executive Officer

Witan Investment Trust plc

Tel: [phone]

[e-mail]

Alexis Barling, Director of Marketing

Witan Investment Trust plc

Tel: [phone]

[e-mail]

 

END

 

 

DIVMZMMMVMFGGZM