Introduction to Volta Finance Limited
Volta Finance Limited, recognized by the ticker VTA/VTAS, has made a significant announcement that is noteworthy for its shareholders and investors alike. This year, the company has declared a quarterly interim dividend that is sure to attract attention.
Dividend Declaration Details
Dividend Amount and Payment Date
The Company has declared a quarterly interim dividend of €0.145 per share. This amount will be paid out on 29 January, reflecting a total distribution of approximately €5.3 million. This dividend represents an annualized yield of around 8% based on the net asset value, providing a promising return for investors.
Record and Ex-Dividend Dates
Shareholders should note that the ex-dividend date is set for 18 December, with a record date of 19 December. These dates are crucial for investors who wish to ensure they qualify for the upcoming dividend payment.
Dividend Distribution Options
Volta Finance has arranged for its shareholders to choose how they would like to receive their dividends, offering flexibility between Euros and Pounds Sterling. By default, dividends are distributed in Euros, but shareholders can opt for Pounds Sterling by giving appropriate instructions to the Company's Registrar, Computershare Investor Services (Guernsey) Limited.
How to Elect Your Currency
Shareholders wishing to receive their payments in Pounds Sterling can provide their instructions electronically via CREST or by submitting the Currency Election Form. The deadline for making these currency selections is 15 January at 12:00 (midday).
Contact Information for Shareholders
Investment Management Contact
For any inquiries regarding the investment management, shareholders can contact:
AXA Investment Managers Paris
François Touati
Email: francois.touati@axa-im.com
Phone: +33 (0) 1 44 45 80 22
Company Secretary and Administrator
The Company Secretary and Administrator can be reached at:
BNP Paribas S.A., Guernsey Branch
Email: guernsey.bp2s.volta.cosec@bnpparibas.com
Phone: +44 (0) 1481 750 850
About Volta Finance Limited
Incorporated in Guernsey, Volta Finance Limited operates under the Companies (Guernsey) Law and is publicly traded on Euronext Amsterdam and the London Stock Exchange. The Company aims to preserve capital while providing a consistent stream of income to its shareholders through quarterly dividend distributions. Its investment strategies primarily focus on Collateralized Loan Obligations (CLOs) and similar asset classes, while diversifying into structured finance assets as market conditions allow.
Company Strategy
Volta Finance's strategy involves consulting with AXA Investment Managers Paris, a firm well-versed in structured credit investments. This partnership positions the Company to navigate the complexities of the financial landscape while striving to achieve its investment goals.
About AXA Investment Managers
AXA Investment Managers, part of BNP Group, is a prominent asset management firm. With a dedicated team of over 3,000 professionals, it oversees assets totaling approximately €879 billion as of last year. This extensive expertise supports Volta Finance’s investment objectives and strategies.
Frequently Asked Questions
What is the dividend amount declared by Volta Finance Limited?
The declared quarterly interim dividend is €0.145 per share.
When will the dividend be paid out?
The dividend is scheduled for payment on 29 January.
What are the currency options for dividend distribution?
Shareholders can elect to receive their dividends in either Euros or Pounds Sterling.
Who should shareholders contact for questions about their dividends?
Shareholders can reach out to the AXA Investment Managers or the Company Secretary at BNP Paribas for inquiries.
What is Volta Finance's investment strategy?
Volta Finance aims to preserve capital and deliver consistent income primarily through CLOs and structured finance assets.
