22nd Aug 2022 12:18
Momentum Multi-Asset Value Trust PLC - London-based investment firm - Declares first interim dividend of 1.80 pence per share in respect of its financial year ending April 30, 2023. Says it intends to at least maintain a quarterly divided of 1.80p per share, but it is "very likely" that the fourth interim dividend will be higher, given the outlook for inflation. This in line with the company's intention to increase dividends in line with the inflation rate over the long run, it adds.
Current stock price: 169.33p
12-month change: down 11%
By Sophie Rose; [email protected]
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