The Directors’ policy is to pay annual dividends consistent with retaining the maximum permitted earnings in accordance with investment trust regulations.

2026

 

Ex Date

Pay Date

Amount Pence* (NET)

Tax GBP

Annual Payment 20/08/2026 18/09/2026 28.0 *

 

*The Company’s capital structure comprises 20,000,000 Ordinary Shares of 0.75 pence each. On 24 September 2025, the Company sub-divided each of its Ordinary Shares into 100 new Ordinary Shares of 0.75 pence each. Prior to the sub-division, the Company’s issued share capital comprised 200,000 Ordinary Shares of 75 pence each.

2025

 

Ex Date

Pay Date

Amount GBP (NET)

Tax GBP

Annual Payment 21/08/2025 19/09/2025 42.00 *

2024

 

Ex Date

Pay Date

Amount GBP (NET)

Tax GBP

Annual Payment 08/08/2024 13/09/2024 51.50 *

2023

 

Ex Date

Pay Date

Amount GBP (NET)

Tax GBP

Annual Payment 10/08/2023 12/09/2023 51.50 *

2022

 

Ex Date

Pay Date

Amount GBP (NET)

Tax GBP

Special Payment 11/08/2022 13/09/2022 1.88 *
Annual Payment 11/08/2022 13/09/2022 51.12 *

2021

 

Ex Date

Pay Date

Amount GBP (NET)

Tax GBP

Special Payment 12/08/2021 14/09/2021 2.93 *
Annual Payment 12/08/2021 14/09/2021 47.07 *

 

2020

 

Ex Date

Pay Date

Amount GBP (NET)

Tax GBP

Special Payment 13/08/2020 08/09/2020 02.61000 *
Annual Payment 13/08/2020 08/09/2020 41.39000 *

 

2019

 

Ex Date

Pay Date

Amount GBP (NET)

Tax GBP

Special Payment 15/08/2019 09/09/2019 01.63000 *
Annual Payment 15/08/2019 09/09/2019 27.87000 *

 

2018

 

Ex Date

Pay Date

Amount GBP (NET)

Tax GBP

Special Payment 16/08/2018 07/09/2018 00.51000 *
Annual Payment 16/08/2018 07/09/2018 21.29000 *

 

2017

 

Ex Date

Pay Date

Amount GBP (NET)

Tax GBP

Special Payment 17/08/2017 08/09/2017  00.35000 *
Annual Payment 17/08/2017 08/09/2017  15.45000 *

 

2016

 

Ex Date

Pay Date

Amount GBP (NET)

Tax GBP

Special Payment 18/08/2016 09/09/2016 00.80000 *
Annual Payment 18/08/2016 09/09/2016 08.10000 *

 

2015

 

Ex Date

Pay Date

Amount GBP (NET)

Tax GBP

Special Payment 21/08/2015  11/09/2015  00.78000  00.08667 
Annual Payment 21/08/2015  11/09/2015  06.42000  00.71334 

 

2014

 

Ex Date

Pay Date

Amount GBP (NET)

Tax GBP

Special Payment 20/08/2014 12/09/2014 01.13000 00.12556
Annual Payment 20/08/2014 12/09/2014 05.63000 00.62556

 

2013

 

Ex Date

Pay Date

Amount GBP (NET)

Tax GBP

Special Payment 10/07/2013 02/08/2013 00.62000 00.06889
Annual Payment 10/07/2013 02/08/2013 05.63000 00.62556

 

2012

 

Ex Date

Pay Date

Amount GBP (NET)

Tax GBP

Special Payment 11/07/2012 03/08/2012 00.28000 00.03111
Annual Payment 11/07/2012 03/08/2012 03.87000 00.43000

 

2011

 

Ex Date

Pay Date

Amount GBP (NET)

Tax GBP

Annual Payment 06/07/2011 29/07/2011 03.65000 00.40556

 

2010

 

Ex Date

Pay Date

Amount GBP (NET)

Tax GBP

Final Payment NO DIVIDEND PAYMENT
Interim Payment 03/03/2010 26/03/2010 03.65000 00.40556

 

2009

 

Ex Date

Pay Date

Amount GBP (NET)

Tax GBP

Final Payment 15/07/2009 07/08/2009 03.65000 00.40556

 

2008

 

Ex Date

Pay Date

Amount GBP (NET)

Tax GBP

Interim Payment NO DIVIDEND PAYMENT
Final Payment 16/07/2008 08/08/2008 02.10000 00.23333

 

2007

 

Ex Date

Pay Date

Amount GBP (NET)

Tax GBP

Interim Payment NO DIVIDEND PAYMENT
Final Payment 04/07/2007 25/07/2007 01.75000 00.19444

 

2006

 

Ex Date

Pay Date

Amount GBP (NET)

Tax GBP

Interim Payment NO DIVIDEND PAYMENT
Final Payment 05/07/2006 26/07/2006 01.75000 00.19444

 

2005

 

Ex Date

Pay Date

Amount GBP (NET)

Tax GBP

Interim Payment NO DIVIDEND PAYMENT
Final Payment 15/06/2005 14/07/2005 01.55000 00.17222

 

2004

 

Ex Date

Pay Date

Amount GBP (NET)

Tax GBP

Interim Payment NO DIVIDEND PAYMENT
Final Payment 09/06/2004 15/07/2004 01.45000 00.16111

 

2003

 

Ex Date

Pay Date

Amount GBP (NET)

Tax GBP

Final Payment 11/06/2003 15/07/2003 01.30000 00.14444

 

2002

 

Ex Date

Pay Date

Amount GBP (NET)

Tax GBP

Interim Payment NO DIVIDEND PAYMENT

 

* Dividends payable on or after 6 April 2016 will no longer be accompanied by a 10% tax credit as the Government has introduced a new dividend nil rate which applies to the first £5,000 of a person's dividend income.  Please refer to HMRC (https://www.gov.uk/tax-on-dividends) or seek advice from a professional tax advisor if you have any doubt about how this change impacts your tax position.