Schroder Income Growth Fund PLC Dividend Declaration

RNS Number : 9282P

Schroder Income Growth Fund PLC

12 December 2024

 

First interim dividend

for the year ending 31 August 2025

 

The Directors of Schroder Income Growth Fund plc (the "Company") have declared a first interim dividend of 3.25 pence per share for the year ending 31 August 2025 ("FY 2025") payable on 27 January 2025 to shareholders on the register as at close of business on 27 December 2024.

Ex-dividend date: 24 December 2024

Record date: 27 December 2024

Payment date: 27 January 2025

Dividend per share: 3.25 pence

The increase in the first interim dividend from 2.5 pence per share in 2024 to 3.25 pence per share in FY 2025 reflects the Board's intention to provide shareholders with a smoother dividend distribution in the 2025 financial year. Accordingly, it is expected that the proportion of the overall dividend attributable to the first three interim dividends for FY 2025 will be higher than in previous financial years.

The Company aims to provide real growth of income in excess of the rate of inflation over the longer term. The Board continues to aim to retain AIC dividend hero status achieved through 29 years of unbroken dividend growth.

 

Enquiries:  

Natalia de Sousa

Schroder Investment Management Limited 

020 7658 6000

 

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