23rd Sep 2019 19:05
(Alliance News) - BMO UK High Income Trust PLC on Monday said it will pay a second quarter dividend of 1.29 pence per share for its financial year ending March 2020.
A second quarter dividend of the same amount will also be paid per B share. Both dividends will be paid November 1 .
Capital repayments on B shares will be paid at the same time as the dividend at an amount equal to the dividend paid per share for a 3.2% increase in both the dividend and capital payment year-on-year.
The trust plans for its first three quarterly dividends to be 1.29p each, for an aggregate distribution in its year to March of 5.21p per share.
BMO UK High Income Trust shares closed flat at 92.00p on Monday. B shares closed up 1.1% at 95.00p.
By Anna Farley; [email protected]
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