Polar Capital Global Fin... Dividends - PCFT

Polar Capital Global Fin... Dividends - PCFT

[ADVERT]
Best deals to access real time data!
Level 2 Basic
Monthly Subscription
for only
£62.08
Silver
Monthly Subscription
for only
£17.37
UK/US Silver
Monthly Subscription
for only
£30.59
VAT not included
Stock Name Stock Symbol Market Stock Type
Polar Capital Global Financials Trust Plc PCFT London Ordinary Share
  Price Change Price Change % Stock Price Last Trade
-1.00 -0.61% 162.00 16:35:17
Open Price Low Price High Price Close Price Previous Close
163.00 162.00 165.00 162.00 163.00
more quote information »
Industry Sector
EQUITY INVESTMENT INSTRUMENTS

Polar Capital Global Fin... PCFT Dividends History

Announcement Date Type Currency Dividend Amount Period Start Period End Ex Date Record Date Payment Date Total Dividend Amount
01/07/2021InterimGBX2.401/12/202031/05/202105/08/202106/08/202131/08/20210
20/01/2021InterimGBX230/11/201930/11/202028/01/202129/01/202126/02/20214.4
30/06/2020InterimGBX2.401/12/201931/05/202006/08/202007/08/202028/08/20200
29/01/2020InterimGBX230/11/201830/11/201906/02/202007/02/202028/02/20204.4
03/07/2019InterimGBX2.401/12/201831/05/201901/08/201902/08/201930/08/20190
23/01/2019FinalGBX1.930/11/201730/11/201807/02/201908/02/201928/02/20194.15
04/07/2018InterimGBX2.2501/12/201731/05/201819/07/201820/07/201831/08/20180
24/01/2018InterimGBX1.830/11/201630/11/201708/02/201809/02/201828/02/20183.9
11/07/2017InterimGBX2.101/12/201631/05/201720/07/201721/07/201731/08/20170
02/02/2017FinalGBX1.630/11/201530/11/201609/02/201710/02/201728/02/20173.55
08/07/2016InterimGBX1.9501/12/201531/05/201604/08/201605/08/201625/08/20160
02/02/2016FinalGBX1.37530/11/201430/11/201511/02/201612/02/201629/02/20163.225
28/07/2015InterimGBX1.8501/12/201431/05/201506/08/201507/08/201527/08/20150
03/02/2015FinalGBX1.3530/11/201330/11/201412/02/201513/02/201527/02/20153.1
24/07/2014InterimGBX1.7501/12/201331/05/201430/07/201401/08/201422/08/20140
04/03/2014FinalGBX0.6830/11/201230/11/201312/03/201414/03/201431/03/20140.68

Top Dividend Posts

DateSubject
11/8/2021
12:00
zzaxx99: Conversion rate has been announced "On the basis of the Conversion Ratio, a holder of 1,000 C Shares will receive 627 new Ordinary Shares upon Conversion" http://uk.advfn.com/stock-market/london/polar-capital-global-fin-PCFT/share-news/Polar-Capital-Global-Financials-Tst-Conversion-of/85803607 Should convert on Friday 13th Makes the effective purchase price of PCFT as £1.59, which isn't much of a bargain.
03/8/2021
12:05
peterbill: C SHARES Conversion of the Issue Shares to be issued pursuant to the Initial Issue Pursuant to the New Articles and the terms of issue, it is expected that the Issue Shares will convert to New Ordinary Shares within 5 Business Days of the Calculation Date, being the Business Day immediately following the record date for the next semi-annual dividend payable in respect of the Ordinary Shares immediately following the issuance of the Issue Shares, which is expected to be announced on or around 5 August 2021. On the Calculation Date for the Issue Shares, the net assets attributable to the Ordinary Shares then in issue, the net assets attributable to the Issue Shares issued pursuant to the Initial Issue (including, for the avoidance of doubt, any income accrued to such Issue Shares) and the resultant Conversion Ratio will be calculated. Holders of the Issue Shares will receive on Conversion such number of New Ordinary Shares as results from applying the Conversion Ratio to their holdings of Issue Shares on the Conversion Date, with fractions of Issue Shares being dealt with by the Directors in such manner as they see fit. Following the Calculation Date, the Directors shall procure that the Conversion Ratio and the number of New Ordinary Shares due to each holder of the Issue Shares is calculated and that fair valuations of the assets attributable to the Company’s Ordinary Shares and the Issue Shares are prepared in accordance with the Company’s latest published valuation methodology.
29/6/2021
21:37
mach100: August the 5th is the conversion date, the day aftet they go x divi. Price of C shares should move up as we approach conversion if PCFT hold up of course.
17/6/2021
14:35
zzaxx99: Summary: raised £122m, new shares start trading on Monday 21st http://uk.advfn.com/stock-market/london/polar-capital-global-fin-PCFT/share-news/Polar-Capital-Global-Financials-Tst-Result-of-Equi/85383884
22/5/2021
15:33
graysland1: Am I missing something here because I cant see this as being of any real benefit to us retail investors. Firstly in the RNS 3060Y announcement of 12th May "PCFT doc re Issue of C shares under 3.Benefits of Proposal it says "The issue of C shares will not be dilutive on the NAV of ordinary shares. So the position and value of our existing holdings should not change? Secondly the prospectus states p37 that the initial expected NAV for the C shares will be 98.5p. Elsewhere it says these C share funds and assets acquired from these proceeds will be accounted for and managed separately until the conversion date. These are then converted by reference to their relative NAVS. In an attempt to simply the Conversion Formula can we for purpose of illustration say if the NAVS of the C shares and the Ordinary shares do not change we will simply get 98.5/1.65 about .6 of a newly converted ordinary share. We are starting here at 1.5% loss but will the 2 NAVs really move in sync. The ordinary shares are already fully in the market. If the market continues to move up the as yet un-invested proceeds of the C shares proceeds at least in part seem unlikely to match the ordinary shares NAV at conversion. So we may get even less than .6 at conversion? Dont forget that we would also be foregoing half or more of the years dividend thats another 1.3% lost. But lastly with up to 500 million news shares in prospect to be issued will the shares soon fall to a discount anyway perhaps more than the average of last year of 5%. With all these issues and unknowns why not buy more shares if you want them at your own timing and control after all many think a correction in markets especially in the U.S may be due .
22/5/2021
03:01
peterbill: The Ordinary Shares are registered with ISIN GB00B9XQT119, and the Ordinary Shares are traded under the ticker symbol PCFT. The Issue Shares are registered with ISIN GB00BNG2HN26, and the Issue Shares will be traded under the ticker symbol PCFC. Each class of C Shares issued pursuant to a Subsequent Placing made throughout the Placing Programme will have separate ISINs and ticker symbols issued. The announcement of each issue of C Shares will contain details of the relevant ISIN and ticker symbol for such class of C Shares being issued.
21/5/2021
14:54
galeforce1: Is there a follower of PCFT out there who can advise on whether or not to take up this subscription offer, closing on June 10th. It's quite a big discount (£1.00 vs current prices around £1.65), so I'm tempted and I don't want to be diluted. But it means a big re-organisation as I hold these in my ISA where I don't have much cash. There must be about 200m shares in issue, so if there is a 75% take-up, the trust will increase to a NAV around £450m, which is good. Bigger trusts attract more institutional money.
13/5/2021
07:42
peterbill: Looks like dividends will not be the same for the C shares .... from the document, page 7 ... If they need to raise capital, I wonder why they did not just do a rights issue? Dividends Subject to the provisions of the Act and the Articles, the Company may by ordinary resolution declare dividends. No dividend shall exceed the amount recommended by the Board. Subject to the provisions of the Act and the Articles, the Directors may pay interim dividends, or dividends payable at a fixed rate, if it appears to them that such dividends are justified by the profits of the Company available for distribution. Subject to the provisions of the Act and the Articles, all dividends shall be declared and paid according to the amounts paid up on the Shares on which the dividend is paid. If any Share is issued on terms that it ranks for dividend as at a particular date, it shall rank for dividend accordingly. In any other case, dividends shall be apportioned and paid proportionately to the amount paid up on the Shares during any portion(s) of the period in respect of which the dividend is paid. Holders of any class of C Shares will not be entitled to receive such dividends as the Directors may resolve to pay to holders of Ordinary Shares. Notwithstanding any other provision of the Articles, but without prejudice to the rights attached to any Shares, the Company may fix a date and time as the record date by reference to which a dividend will be declared or paid or a distribution, or allotment or issue of Shares, made. No dividend or other money payable in respect of a Share shall bear interest against the Company, unless otherwise provided by the rights attached to the Share.
20/1/2021
11:10
peterbill: hTTps://www.investegate.co.uk/polar-capital-global--pcft-/rns/circ-re--disapplication-of-pre-emption-rights/202101140700086230L/ Further to the announcement made on 18 December 2020, Polar Capital Global Financials Trust plc (the "Company") announces that it has today published a circular (the "Circular") convening a General Meeting to be held as a closed meeting at 11.00am on Monday, 1 February 2021 to put forward a resolution to approve the proposal to disapply the pre-emption rights in respect of the 70,375,000* ordinary shares in treasury ("Existing Treasury Shares"). Following completion of the tender offer to shareholders on 29 April 2020, the Company bought back 79,159,235 ordinary shares into treasury with a view to re-issuing such treasury shares subject to investor demand and market conditions. The Company notes a significant increase in interest in the financial sector since November 2020, which has resulted in a sharp jump in the share prices of financial stocks globally. As a result, there has been a greater interest in the Company's ordinary shares, which have traded at or around a small premium to the NAV per ordinary share since 27 November 2020. The Board is therefore seeking authority to re-issue all of the Existing Treasury Shares, should the Company choose to do so, without being required to comply with the pre-emption rights in the Companies Act 2006. In connection with this, the shareholder circular, including the notice of the General Meeting and the proxy form for the General Meeting, have been posted to shareholders today.
12/2/2020
15:36
peterbill: More on the future of PCFT hTTps://www.investegate.co.uk/polar-capital-global--pcft-/rns/future-of-the-company/202002060700041177C/
ADVFN Advertorial
Your Recent History
LSE
PCFT
Polar Capi..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20210918 08:54:45