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PLI Perpetual Income And Growth Investment Trust Plc

244.50
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Perpetual Income And Growth Investment Trust Plc PLI London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 244.50 00:00:00
Open Price Low Price High Price Close Price Previous Close
244.50
more quote information »

Perpetual Income And Gro... PLI Dividends History

No dividends issued between 28 Mar 2014 and 28 Mar 2024

Top Dividend Posts

Top Posts
Posted at 31/3/2021 06:45 by glavey
Notably poor performance by MUT after PLI holders received a poor exchange. Remaining in PLI and its holdings would have left PLI holders about 10% better off now.
Posted at 19/11/2020 17:59 by frteb
Hi all
My PLI shares in my AJ Bell account have been replaced with MUT shares today. I now have one MUT share for (roughly) every 3.37x PLI shares. So I'm expecting a cash credit to be paid for the residual amount. No message from AJB though stating what the formula was or confirming what the shrapnel is. They're normally pretty good so I expect an explanation by way of a message in the next day or so.
Hope that helps.
Posted at 19/11/2020 16:35 by route1
Same here, Pli showing on my trading account as NT= Non Tradable, which says to me the holding is frozen until at some point we are allocated the MUT shares we elected to receive,...just hope it is all worthwhile, when the allocation is finally made.
Posted at 19/11/2020 10:42 by poikka
It's a bit of a muddle. No MUT and no PLI holding showing on my account - so much for the 18th.
Posted at 18/11/2020 15:57 by pensionbull
PLI holding still showing with nil value
Posted at 16/11/2020 10:25 by poikka
Found this under MUT. Is it me, or is this a bit of a muddle - Russell expects this and expects that, but what about a definitive announcement from PLI?

Perpetual Income & Growth Investment Trust is expected to suspend prior to disclosure of the stock terms and election results.

Subject to shareholder approval and based on the current timetable, FTSE Russell anticipates the following treatment:

Tuesday 17 November 2020:

Expected announcement of the transaction terms and the election results.

In the absence of an active market, the close price for Perpetual Income & Growth Investment Trust will be updated to reflect the default stock terms of Murray Income Trust shares.

FTSE Russell expects to announce confirmed index changes, subject to the timely announcement of the stock terms and election results.

Wednesday 18 November 2020:

Expected settlement date of terms and the listing of the newly issued shares.

The Perpetual Income & Growth Investment Trust close price will be updated to reflect the stock terms.

Thursday 19 November 2020:

The Perpetual Income and Growth Investment Trust close price will be updated to reflect the stock terms.

Friday 20 November 2020 (at the earliest, assuming two days' notice subsequent to disclosure of the stock terms and election results):

Perpetual Income & Growth Investment Trust will be deleted from the FTSE Russell Indexes.

Murray Income Trust will be added to the FTSE 250 Index, at its enlarged market capitalisation, incorporating the scheme terms and election results.
Posted at 26/10/2020 16:11 by north sea boy
Route1 - I sold out my PLI holding on 19/10 for an overall loss of nearly 35% to my original purchase price; final deciding factor for me was MUT reshaping the previous Q1-Q3 dividend structure to deliver a reduced Q2 dividend.

Think MUT overall is a reasonable IT, and I may buy back in at a later stage next year.

However, for now, I split the proceeds between IMB and LGEN in the hope that one or both of these battered shares will rise to recover some of my lost capital over the next 6-9 months. I fully realise the risk that I am taking here, but that will be reflected in the significant potential increase in dividend income.

Probably not a move that I would have made if PLI had retained its independent status, but there we are, some decisions are pushed upon us.

As always, time will tell in the end....

NSB
Posted at 31/7/2020 09:04 by aurelius5
This is a really poor deal for long term investors. Since July 31st 1998 PLI's share price has grown by 60% and MUT's by 54%. More pertinently for the income investor, PLI has increased its dividend by 413% and MUT by a much more modest 132% (1998-2019). Like MRCH, MUT has "dividend hero" status but its annual rises are often meagre and below inflation. I shan't be rolling over into MUT, maybe LWDB, JCH or NAIT.
Posted at 29/7/2020 09:24 by mbu69
Seems like good news this trust has been dire .... and a small parting gift.

"Partly in recognition
of the reduction in absolute dividends that a PLI shareholder would be expected
to receive, the Board of PLI intends to pay a pre-liquidation interim dividend
to its shareholders to reflect a distribution of its revenue reserve in full,
such amount is anticipated to be approximately 13.6 pence per share"
Posted at 28/5/2020 11:24 by orinocor
Perpetual Income and Growth Investment Trust plc

HEADLINE: Fourth Interim Dividend

The Directors are pleased to declare a fourth interim dividend for the year
ended 31 March 2020 of 4.8p per Ordinary Share. The dividend is payable on 30
June 2020 to Ordinary Shareholders on the register on 5 June 2020. The shares
will be marked ex-dividend on 4 June 2020.

This gives a total dividend for the financial year of 15.0p per share,
representing an increase of 3.4% on the previous year. This extends again the
Company's record of year-on-year ordinary dividend increases since 1999 and its
continued status as an AIC "Dividend Hero".

Forecasting dividend receipts for the current financial year is challenging as
the underlying investee companies adapt to the consequences on their businesses
following Covid-19. In addition, once appointed, the new investment manager is
likely to make a number of portfolio changes. Therefore the Board is not in a
position to set a target for dividends to be paid by the Company in the next
financial year. The Board is mindful, however, that the Company has significant
accumulated reserves and would be prepared to pay dividends from those reserves
if it felt it appropriate to do so.

for and on behalf of
Invesco Asset Management Limited
Company Secretary

26 May 2020

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