Northern Venture Trust PLC Announces New Dividend Declaration
Northern Venture Trust PLC Announces New Dividend Declaration
Northern Venture Trust PLC is thrilled to announce a proposed final dividend set at 1.5 pence per ordinary share for the financial year ending March 2025. This announcement is particularly exciting for shareholders looking for consistent returns on their investments.
Payment Details of the Proposed Dividend
If approved by the shareholders, this final dividend is scheduled to be paid on September 5, 2025. Shareholders must be on the register by August 8, 2025, to receive this dividend. Please note the ex-dividend date is August 7, 2025, which marks the last day for shareholders to purchase shares and still receive the declared dividend.
Investment Scheme for Shareholders
Northern Venture Trust PLC also operates a dividend investment scheme. This initiative allows shareholders to reinvest their dividends into new ordinary shares without incurring any dealing costs. Additionally, participants benefit from tax reliefs applicable to new venture capital trust (VCT) share subscriptions. This scheme is a fantastic opportunity for shareholders looking to enhance their investment.
Where to Find More Information
To learn more about joining the dividend investment scheme, shareholders can find detailed information on the Company’s official website. The website provides comprehensive instructions on how to participate in the scheme and maximize investment returns.
Contact Information
If you have any questions or require further information regarding the dividend declaration, please reach out to Sarah Williams or James Sly at Mercia Fund Management Limited by calling 0330 223 1430. They are available to assist you with any inquiries you may have about your investments.
Frequently Asked Questions
What is the proposed final dividend amount for Northern Venture Trust PLC?
The proposed final dividend is 1.5 pence per ordinary share.
When will the dividend be paid?
The dividend will be paid on September 5, 2025, pending shareholder approval.
What is the ex-dividend date?
The ex-dividend date is August 7, 2025.
How can I re-invest my dividends?
Shareholders can participate in the dividend investment scheme that allows for reinvestment of dividends into new ordinary shares.
Who can I contact for more information?
You can contact Sarah Williams or James Sly at Mercia Fund Management Limited via phone at 0330 223 1430 for any inquiries.
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