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Hansa Investment Co (HAN)

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Wednesday 13 May, 2020

Hansa Investment Co

Dividend Declaration

RNS Number : 8235M
Hansa Investment Company Limited
13 May 2020
 

Hansa Investment Company Ltd

 

(LEI: 213800RS2PWJXSZQDF66)

 

Announcement Dividend level for year to 31 March 2021

 

Hansa Investment Company Ltd announces, further to its dividend policy, the advance notification of the four interim dividends for its financial year ending 31 March 2021. Barring unforeseen circumstances, the Company expects to pay four interim dividends of 0.8p per share each. The first interim dividend will be paid in August 2020, the second in November 2020, the third in February 2021 and the final will be paid in May 2021.

 

Dividend Policy

 

The Board will, subject to Bermuda law, declare the intended rate of the four proposed dividends at the beginning of the financial year in question. Barring unforeseen circumstances, the interim dividends will be paid in August, November, February and May. If circumstances are such that the level of cash income generated by the portfolio is insufficient to meet the dividend commitment, the shortfall may be made up from the Company's reserves. Under certain one off circumstances an extra and final dividend may be proposed at the Company's annual general meeting.

 

For further information please contact:

 

Stephen Thomas

Hansa Capital Partners LLP  

020 7647 5750

 


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