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Sequoia Economic Infrastructure Issues Shares To Pay Adviser (ALLISS)

18th Apr 2019 08:42

LONDON (Alliance News) - Sequoia Economic Infrastructure Income Fund Ltd on Thursday said it has issued 177,165 shares to its investment adviser, Sequoia Investment Management Co, in relation to fees payable for the quarter to March 31.

The shares were issued at 112.1 pence each for a total of GBP198,424.

In a separate statement, Sequoia proposed an interim dividend of 1.5 pence per share in respect of the quarter ended March 31. The payout will be issued to shareholders on the register at May 3 on May 30.

Sequoia shares were trading down 0.2% at 112.80p each Thursday.


Related Shares:

Sequoia Economic Infrastructure Fund
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