23rd Sep 2020 19:10
Temple Bar Investment Trust PLC - investment trust - Enters into heads of terms with potential new investment manager RWC Asset Management LLP. Temple Bar expects RWC's appointment to become effective on or around end of October. To rebase annual dividend to 38.5 pence per share, a 25% cut from previous level. "From this base level, however, the board believes that it will be possible to renew dividend growth going forward," Temple Bar said.
Current stock price: 657.00 pence
Year-to-date change: down 55%
By Eric Cunha; [email protected]
Copyright 2020 Alliance News Limited. All Rights Reserved.
Related Shares:
Temple Bar Investment Trust