Fins Growth Inc Tst Dividend Declaration

 
TIDMFGT 
 
Legal Entity Identifier 213800NN4ZKX2LG1GQ40 
 
FINSBURY GROWTH & INCOME TRUST PLC 
 
(the "Company") 
 
Dividend Declaration 
 
Second Interim Dividend 
 
The Company announces that the Board of the Company has declared an unchanged 
second interim dividend of 8.6p per share in respect of the year ending 30 
September 2020. The Board has now declared two interim dividends for the year 
ending 30 September 2020 totalling 16.6p per share (2019:16.6p). 
 
The second interim dividend will be paid on Friday, 13 November 2020 to 
shareholders on the register on Friday, 9 October 2020. The associated 
ex-dividend date is Thursday, 8 October 2020. 
 
As envisaged at the time of the publication of the interim report in May of 
this year, and reflecting the Company's confidence in the future prospects for 
its investment portfolio, this second interim dividend is to be paid from the 
Company's net revenue for the year, together with an estimated modest amount of 
retained revenue reserves, representing approximately 2% of the total of the 
first and second interim dividends declared. 
 
The Board continues to monitor the dividends declared by investee companies and 
will provide an update at the time of the publication of the full year accounts 
for the year ending 30 September 2020, expected to be in December 2020. 
 
For shareholders who wish to receive their dividend in the form of shares, the 
Company's Dividend Reinvestment Plan ('DRIP'), administered by Link Asset 
Services, will be available.  The last day to elect for the DRIP is Friday, 23 
October 2020. 
 
The 2021 first interim dividend is expected to be declared in March 2021. 
 
                                    - end - 
 
For further information please contact: 
 
Victoria Hale 
 
Frostrow Capital LLP, Company Secretary 
 
Telephone [phone] 
 
15 September 2020 
 
 
 
END 
 

(END) Dow Jones Newswires

September 15, 2020 10:51 ET (14:51 GMT)