Acorn Income Fund Ld Dividends - AIF

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Stock Name	Stock Symbol	Market	Stock Type
Acorn Income Fund Ld	AIF	London	Ordinary Share

	Price Change	Price Change %	Stock Price	Last Trade
	2.50	0.6%	417.00	09:05:31

Open Price	Low Price	High Price	Close Price	Previous Close
414.50	414.50	417.00	417.00	414.50

more quote information »

Industry Sector
GENERAL FINANCIAL

Acorn Income Fund Ld AIF Dividends History

Announcement Date	Type	Currency	Dividend Amount	Period Start	Period End	Ex Date	Record Date	Payment Date	Total Dividend Amount
12/08/2021	Interim	GBX	5.75	31/12/2020	31/12/2021	09/09/2021	10/09/2021	30/09/2021	0
28/05/2021	Interim	GBX	5.75	31/12/2020	31/12/2021	10/06/2021	11/06/2021	30/06/2021	0
25/02/2021	Interim	GBX	5.75	31/12/2020	31/12/2021	11/03/2021	12/03/2021	31/03/2021	0
10/11/2020	Interim	GBX	5.75	31/12/2019	31/12/2020	03/12/2020	04/12/2020	18/12/2020	23
17/08/2020	Interim	GBX	5.75	31/12/2019	31/12/2020	10/09/2020	11/09/2020	30/09/2020	0
28/04/2020	Interim	GBX	5.75	31/12/2019	31/12/2020	11/06/2020	12/06/2020	29/06/2020	0
12/02/2020	Interim	GBX	5.75	31/12/2019	31/12/2020	12/03/2020	13/03/2020	31/03/2020	0
08/11/2019	Interim	GBX	5.2	31/12/2018	31/12/2019	05/12/2019	06/12/2019	20/12/2019	20.8
16/08/2019	Interim	GBX	5.2	31/12/2018	31/12/2019	12/09/2019	13/09/2019	27/09/2019	0
07/05/2019	Interim	GBX	5.2	31/12/2018	31/12/2019	13/06/2019	14/06/2019	28/06/2019	0
05/02/2019	Interim	GBX	5.2	31/12/2018	31/12/2019	14/03/2019	15/03/2019	29/03/2019	0
07/11/2018	Final	GBX	4.95	31/12/2017	31/12/2018	06/12/2018	07/12/2018	20/12/2018	19.8
21/08/2018	Interim	GBX	4.95	31/12/2017	31/12/2018	13/09/2018	14/09/2018	28/09/2018	0
24/04/2018	Interim	GBX	4.95	31/12/2017	31/12/2018	14/06/2018	15/06/2018	29/06/2018	0
07/02/2018	Interim	GBX	4.95	31/12/2017	31/12/2018	15/03/2018	16/03/2018	29/03/2018	0
01/12/2017	Final	GBX	4.5	31/12/2016	31/12/2017	07/12/2017	08/12/2017	22/12/2017	18
12/09/2017	Interim	GBX	4.5	31/12/2016	31/12/2017	21/09/2017	22/09/2017	29/09/2017	0
06/06/2017	Interim	GBX	4.5	31/12/2016	31/12/2017	15/06/2017	16/06/2017	30/06/2017	0
15/02/2017	Interim	GBX	4.5	31/12/2016	31/12/2017	09/03/2017	10/03/2017	31/03/2017	0
06/12/2016	Final	GBX	4	31/12/2015	31/12/2016	08/12/2016	09/12/2016	30/12/2016	15.5
17/08/2016	Interim	GBX	4	30/05/2016	30/09/2016	15/09/2016	16/09/2016	29/09/2016	0
25/05/2016	Interim	GBX	4	30/12/2015	30/06/2016	16/06/2016	17/06/2016	28/06/2016	0
21/01/2016	Interim	GBX	3.5	01/12/2015	31/03/2016	17/03/2016	18/03/2016	29/03/2016	0
29/10/2015	Final	GBX	3.5	31/12/2014	31/12/2015	05/11/2015	06/11/2015	30/12/2015	13.75
01/09/2015	Interim	GBX	3.5	31/12/2014	31/12/2015	17/09/2015	18/09/2015	29/09/2015	0
21/05/2015	Interim	GBX	3.5	31/12/2014	31/12/2015	04/06/2015	05/06/2015	26/06/2015	0
10/03/2015	Interim	GBX	3.25	31/12/2014	31/12/2015	19/03/2015	20/03/2015	27/03/2015	0
20/11/2014	Interim	GBX	3.25	31/12/2013	31/12/2014	04/12/2014	05/12/2014	19/12/2014	12.75
21/08/2014	Interim	GBX	3.25	31/12/2013	31/12/2014	17/09/2014	19/09/2014	30/09/2014	0
11/06/2014	Interim	GBX	3.25	31/12/2013	31/12/2014	18/06/2014	20/06/2014	27/06/2014	0
05/02/2014	Interim	GBX	3	31/12/2013	31/12/2014	19/03/2014	21/03/2014	28/03/2014	0
20/11/2013	Interim	GBX	3	31/12/2012	31/12/2013	11/12/2013	13/12/2013	27/12/2013	12
23/08/2013	Interim	GBX	3	31/12/2012	31/12/2013	04/09/2013	06/09/2013	30/09/2013	0
13/06/2013	Interim	GBX	1	31/12/2012	31/12/2013	19/06/2013	21/06/2013	28/06/2013	0
02/05/2013	Interim	GBX	2	31/12/2012	31/12/2013	15/05/2013	17/05/2013	28/06/2013	0
22/02/2013	Interim	GBX	3	31/12/2012	31/12/2013	06/03/2013	08/03/2013	02/04/2013	0
19/11/2012	Final	GBX	3	31/12/2011	31/12/2012	28/11/2012	30/11/2012	31/12/2012	12
22/08/2012	Interim	GBX	3	31/12/2011	31/12/2012	29/08/2012	31/08/2012	28/09/2012	0
28/05/2012	Interim	GBX	3	31/12/2011	31/12/2012	06/06/2012	08/06/2012	29/06/2012	0
14/02/2012	Interim	GBX	3	31/12/2011	31/12/2012	29/02/2012	02/03/2012	30/03/2012	0
17/11/2011	Final	GBX	1.75	31/12/2010	31/12/2011	23/11/2011	25/11/2011	23/12/2011	7
31/08/2011	Interim	GBX	1.75	31/12/2010	31/12/2011	07/09/2011	09/09/2011	30/09/2011	0
08/06/2011	Interim	GBX	1.75	31/12/2010	31/12/2011	15/06/2011	17/06/2011	30/06/2011	0
11/03/2011	Interim	GBX	1.75	31/12/2010	31/12/2011	23/03/2011	25/03/2011	31/03/2011	0
02/11/2010	Final	GBX	1.75	31/12/2009	31/12/2010	10/11/2010	12/11/2010	23/12/2010	6.25
01/09/2010	Interim	GBX	1.5	31/12/2009	31/12/2010	08/09/2010	10/09/2010	30/09/2010	0
07/06/2010	Interim	GBX	1.5	31/12/2009	31/12/2010	16/06/2010	18/06/2010	30/06/2010	0
22/02/2010	Interim	GBX	1.5	31/12/2009	31/12/2010	16/06/2010	18/06/2010	30/06/2010	0
04/11/2009	Final	GBX	1.5	31/12/2008	31/12/2009	11/11/2009	13/11/2009	23/12/2009	6
26/08/2009	Interim	GBX	1.5	31/12/2008	31/12/2009	02/09/2009	04/09/2009	30/09/2009	0
23/04/2009	Interim	GBX	1.5	31/12/2008	31/12/2009	29/04/2009	01/05/2009	16/06/2009	0
13/02/2009	Interim	GBX	1.5	31/12/2008	31/12/2009	25/02/2009	27/02/2009	31/03/2009	0
28/04/2008	Final	GBX	2	31/12/2006	31/12/2007	19/12/2007	19/12/2007	28/12/2007	8
17/04/2007	Final	GBX	0	31/12/2005	31/12/2006	01/01/1970	01/01/1970	01/01/1970	8
17/04/2007	Special	GBX	1	31/12/2005	31/12/2006	01/01/1970	01/01/1970	01/01/1970	0
06/12/2006	Interim	GBX	2	31/12/2005	31/12/2006	13/12/2006	15/12/2006	22/12/2006	0
11/09/2006	Interim	GBX	2	31/12/2005	31/12/2006	20/09/2006	22/09/2006	29/09/2006	0
05/06/2006	Interim	GBX	2	31/12/2005	31/12/2006	21/06/2006	23/06/2006	30/06/2006	0
10/03/2006	Interim	GBX	2	31/12/2005	31/12/2006	22/03/2006	24/03/2006	31/03/2006	0
06/12/2005	Final	GBX	2	31/12/2004	31/12/2005	14/12/2005	16/12/2005	23/12/2005	8
06/12/2005	Special	GBX	1	31/12/2004	31/12/2005	14/12/2005	16/12/2005	23/12/2005	0
13/09/2005	Interim	GBX	2	31/12/2004	31/12/2005	21/09/2005	23/09/2005	29/09/2005	0
13/06/2005	Interim	GBX	2	31/12/2004	31/12/2005	22/06/2005	24/06/2005	30/06/2005	0
10/03/2005	Interim	GBX	2	31/12/2004	31/12/2005	16/03/2005	18/03/2005	24/03/2005	0
08/12/2004	Final	GBX	2	31/12/2003	31/12/2004	12/12/2004	16/12/2004	24/12/2004	8
13/09/2004	Interim	GBX	2	31/12/2003	31/12/2004	22/09/2004	24/09/2004	30/09/2004	0
09/06/2004	Interim	GBX	2	31/12/2003	31/12/2004	16/06/2004	18/06/2004	25/06/2004	0
10/03/2004	Interim	GBX	2	31/12/2003	31/12/2004	17/03/2004	19/03/2004	26/03/2004	0
08/12/2003	Final	GBX	2	31/12/2002	31/12/2003	17/12/2003	19/12/2003	24/12/2003	7
08/09/2003	Special	GBX	2	31/12/2002	31/12/2003	15/10/2003	17/10/2003	25/10/2003	0
08/09/2003	Interim	GBX	2	31/12/2002	31/12/2003	17/09/2003	19/09/2003	24/09/2003	0
10/06/2003	Interim	GBX	1.5	31/12/2002	31/12/2003	18/06/2003	20/06/2003	25/06/2003	0
05/03/2003	Interim	GBX	1.5	31/12/2002	31/12/2003	12/03/2003	14/03/2003	26/03/2003	0
05/12/2002	Final	GBX	3	31/12/2001	31/12/2002	11/12/2002	13/12/2002	18/12/2002	12
09/09/2002	Interim	GBX	3	31/12/2001	31/12/2002	18/09/2002	20/09/2002	25/09/2002	0
10/06/2002	Interim	GBX	3	31/12/2001	31/12/2002	19/06/2002	21/06/2002	26/06/2002	0
04/03/2002	Interim	GBX	3	31/12/2001	31/12/2002	13/03/2002	15/03/2002	27/03/2002	0
06/12/2001	Final	GBX	3.25	31/12/2000	31/12/2001	12/12/2001	14/12/2001	19/12/2001	12
10/09/2001	Interim	GBX	3.25	31/12/2000	31/12/2001	19/09/2001	21/09/2001	26/09/2001	0
11/06/2001	Interim	GBX	2.75	31/12/2000	31/12/2001	20/06/2001	22/06/2001	27/06/2001	0
08/03/2001	Interim	GBX	2.75	31/12/2000	31/12/2001	14/03/2001	16/03/2001	27/03/2001	0
27/11/2000	Final	GBX	3	31/12/1999	31/12/2000	04/12/2000	08/12/2000	13/12/2000	11
11/09/2000	Interim	GBX	3	31/12/1999	31/12/2000	18/09/2000	22/09/2000	27/09/2000	0
09/06/2000	Interim	GBX	2.5	31/12/1999	31/12/2000	19/06/2000	23/06/2000	28/06/2000	0
21/03/2000	Interim	GBX	2.5	31/12/1999	31/12/2000	27/03/2000	31/03/2000	05/04/2000	0
08/02/2000	Final	GBX	2.5	31/12/1998	31/12/1999	14/02/2000	18/02/2000	23/02/2000	8.5

Top Dividend Posts

Date	Subject
01/9/2021 13:04	mister md: happy with 60% gain in a short time here (bit of luck re: entry point) - likewise I will hold on for the price to get a bit closer to NAV, but may then switch into something with a higher dividend yield instead - to be decided ... Read Full Thread Follow Reply
01/9/2021 11:58	riverman77: Had a quick look and Unicorn Income fund looks ok - top quartile performer over 3 and 5 years. I guess rolling over into the fund would mean you wouldn't suffer the transaction and other costs. Something to think about anyway. Last NAV for AIF was 449p so still at big discount even after today's rise. May sell if it gets within 5% of NAV. Read Full Thread Follow Reply
18/8/2021 13:48	rcturner2: I have decent position in AIF and like many others I suspect that people come here for the income from the dividend which could be acquired at a decent discount. There are very few equity trusts (I know there is a small bond aspect here as well) that have the same value. Plus the fact that the two largest holdings are Somero and Polar Capital, both excellent investments. To suddenly announce that they were going to bin that all off is IMHO ludicrous. Read Full Thread Follow Reply
12/8/2021 11:08	whilstev: I agree they are very cheap , would ordinarily be buying myself but until there is clarity on future dividend policy and obviously what direction the future managers intend to go in it is difficult to regard AIF as anything other than speculative. But sometimes it pays to speculate so good luck to all buyers. Read Full Thread Follow Reply
12/8/2021 07:58	8w: AIF was likely to be wound up with the BMO proposal, let's hope the next option reflects at least some of the current characteristics of the AIF we bought into. Read Full Thread Follow Reply
12/8/2021 07:16	speedsgh: Dividend Declaration and Update on Future of the Company - HTTPS://www.investegate.co.uk/acorn-income-fund--aif-/prn/dividend-declaration-and-update-on-future-of-the-company/20210812070000P1220/ Dividend declaration The Directors are pleased to declare a third interim dividend for the year ending 31 December 2021 of 5.75p per Ordinary Share, which is in line with the corresponding dividend for the year ended 31 December 2020 and also that of the first and second interim dividends for 2021. Ex-Dividend Date: 9 September 2021 Record Date: 10 September 2021 Payment Date: 30 September 2021 Dividend per Share: 5.75 pence per Ordinary Share (Sterling) Update on the future of the Company Further to the Company’s announcement on 17 May 2021, where the Board of the Company announced proposals to recommend the appointment of BMO Global Asset Management to manage the Company under a new Sustainable Global Equity Income investment strategy (the “BMO Proposal”), the Board has received further interest from managers regarding the future of the Company. Despite the Board continuing to believe that the BMO Proposal is an attractive investment proposition, after careful consideration of shareholder feedback the Board has concluded that an alternative proposal to the BMO Proposal may represent a more suitable proposition for the Company’s shareholders. Given the continued shareholder consultations and the review process of alternative proposals, the Company confirms that the Extraordinary and Annual General Meetings will not be held in August 2021 as previously expected. An announcement with further details on the future of the Company will be published as soon as practicable and expected to be no later than mid-September. Thereafter, the Company expects to publish a circular in relation to the Board's proposals for the future of the Company, including a notice convening the Extraordinary and Annual General Meetings. Read Full Thread Follow Reply
09/8/2021 21:44	adrunkenmarcus: I sold my AIF around 360p as I didn't like the new mandate (as proposed). The proceeds mostly went into BRSC, since up about 12% including a dividend. I didn't like selling at a NAV discount but BRSC has produced a return, so far, equal to about 403p per AIF share I sold. Read Full Thread Follow Reply
21/4/2021 10:27	speedsgh: Fairly dour set of results, unsurprising in view of last year's events compounded by the trust's high level of gearing. An unfortunately-timed purchase of hedging (listed put option on the FTSE 100) after the horse had already bolted served to exacerbate matters but perhaps easy to say that now with the benefit of hindsight. Looking forward it sounds nailed on that the dividend will be re-based and they are undertaking a strategic review with proposals to be put forward alongside the 5-yearly discontinuation vote at the AGM in August. Annual Financial Report - HTTPS://www.investegate.co.uk/acorn-income-fund--aif-/prn/annual-financial-report/20210421070000P0935/ on the DIVIDEND... "The Board has been pleased to see the recovery in earnings throughout the second half of the year, certainly reaching a level which was far from visible during the second quarter, and although our projections do show a recovery in the Company's revenues for 2021 and thereafter, the Board believe that it is likely that a return to a sustainable and covered dividend will necessitate a lower dividend payment in future years." on the STRATEGIC REVIEW... At the Annual General Meeting in August 2021, a discontinuation vote will be put to the shareholders and they will be asked to vote on whether they wish the Company to continue for a further five years. At the same time the Directors intend to put forward proposals, yet to be finalised, that may involve changes to investment policy, corporate structure, gearing and dividend yield. Shareholders will be able to consider whether they wish the Company to continue for a further five years in the light of these changes. In preparing these proposals the Board has been working with the Company's broker and has employed an external consultant to conduct a strategic review of the company. This strategic review is predominantly focussing on the following areas: • the investment management structure and investment objectives that will seek to address the discount, expand the investor base and facilitate the growth of the Company over the coming years; • the appropriate level of sustainable yield; • gearing level together with the resultant impact on income yield; and • form of gearing, if any, (i.e. ZDPs and/or bank debt) that is most appropriate in the current market environment. At this time the review is still in active progress and we will report to shareholders as soon as more detailed information is available. As a result of the review the AGM voting documents will be made available separately to this report and are not, as has historically been the Board's practice, included at the end of this report. As a consequence of the strategic review, there will inevitably be material changes to the formal structure of the relationship with the Investment Advisers and Investment Manager. To this end, the Company has served protective notice to terminate the Investment Management Agreement which has the effect of initiating the notice period required under the Agreement. This action should not be interpreted as an indication that the current Investment Advisers will not be involved in the management of Acorn's portfolio post the conclusion of the strategic review. Read Full Thread Follow Reply
26/2/2021 12:01	speedsgh: Dividend cut on the way... Dividend Announcement - HTTPS://www.investegate.co.uk/acorn-income-fund--aif-/prn/dividend-announcement/20210225070000P2CAF/ The Directors are pleased to declare a first interim dividend for the year ending 31 December 2021 of 5.75p per Ordinary Share which is in line with the corresponding dividend for the year ended 31 December 2020. As previously announced at the time of the fourth interim dividend for the year ending 31 December 2020, the income from your Company's investment portfolio has inevitably been adversely hit by dividend cuts as our investee companies seek to manage their businesses in these extraordinary times. It is the Directors' current intention to utilise revenue reserves to maintain the first and second quarterly dividend payments at the same level as the corresponding quarterly dividends for the year ending 31 December 2020. The Company currently has £1.954m of revenue reserves equivalent to 12.36 pence per share. Although our projections do show a recovery in the Company’s revenues for 2021, the Directors believe that it is likely that a return to a sustainable and covered dividend will necessitate a lower dividend payment in future years. Noting the Company is scheduled to hold a discontinuation vote at the AGM in August this year, and that the ZDPs come to the end of their life in early 2022, the Directors aim to report to shareholders ahead of the AGM with an updated view on future dividend policy. Ex-Dividend Date - 11 March 2021 Record Date - 12 March 2021 Payment Date - 31 March 2021 Dividend per Share - 5.75 pence per Ordinary Share (Sterling) Read Full Thread Follow Reply
10/11/2020 11:27	speedsgh: Dividend Announcement - HTTPS://www.investegate.co.uk/acorn-income-fund--aif-/prn/dividend-announcement/20201110111526P2864/ The Directors are pleased to declare a fourth interim dividend for the year ending 31 December 2020 of 5.75p per Ordinary Share which represents an increase of 10.58% compared to the corresponding dividend for the year ended 31 December 2019. With this distribution the total dividend for 2020 will be 23p per Ordinary Share, a 10.58% increase on the 20.8p distribution in 2019. COVID-19 has led many UK companies to reduce or cancel dividend payments and this has impacted Acorn's earnings in 2020. The 23p per Ordinary Share distribution for the year will be achieved by drawing from the Company's revenue reserves. At 31 December 2019, Acorn had revenue reserves equal to 1.04 times the 2019 dividend. The Directors consider the current situation is one in which it is appropriate to draw on those reserves in order to maintain income levels for investors. Acorn will not distribute from capital. Dividends will only be paid out of current period revenues and revenue reserves. The recovery in the income flow from the Company's Smaller Companies portfolio is progressing well. Many of Acorn's investee companies initially adopted a cautious approach to the uncertainties that lay ahead and reduced or passed their dividends. These companies are now resuming dividend payments. A few have actually increased dividends above their 2019 level. There are nine investee companies in the portfolio that have not yet resumed dividends however our investment advisers for the Smaller Companies portfolio believe that most of these will make distributions in 2021. The directors will monitor the level of income generated by the portfolio and this in turn will inform decisions on the appropriate dividend distribution for 2021. Ex-Dividend Date: 3 December 2020 Record Date: 4 December 2020 Payment Date: 18 December 2020 Dividend per Share: 5.75 pence per Ordinary Share (Sterling) Read Full Thread Follow Reply

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