News Insights

Tufton Assets Limited recently announced a significant update regarding its dividend payment for shareholders. Previously, on January 21, 2025, the company communicated that shareholders would have the option to receive their upcoming dividend in GBP instead of USD. The company has now confirmed that for those who choose GBP, the dividend rate will be £0.01995 per share. This rate is based on a conversion from the USD amount of $0.025, utilizing the mid-market exchange rate of 0.798091 as of February 5, 2025.

This development reflects Tufton Assets' ongoing commitment to shareholder flexibility and transparency regarding dividend distributions. The forthcoming dividend is scheduled to be paid on February 14, 2025, marking a continued effort by the company to enhance shareholder value. Investors are encouraged to stay updated and reach out to the company's investment manager or corporate finance contacts for further details.