RNS Number : 4056P
Intl. Biotechnology Trust PLC
10 December 2024
 

10 December 2024

 

INTERNATIONAL BIOTECHNOLOGY TRUST PLC

 

First interim dividend for the year ending 31 August 2025

 

At the Annual General Meeting of International Biotechnology Trust plc (the "Company") held on 9 December 2024, shareholders approved the Company's dividend policy of making dividend payments, equivalent to 4% of the Company's net asset value as at the last day of the preceding financial year (31 August 2024), through two equal semi-annual distributions.

 

The Directors have declared the payment of a first interim dividend of 15.56 pence per ordinary share for the year ending 31 August 2025.

 

As at 6 December 2024, the latest practicable date prior to publication of this announcement, the interim dividend of 15.56 pence per share represents an annualised yield of 4.4% calculated with reference to the Company's closing share price of 700 pence that day.

  

Ex-dividend date:

19 December 2024

Record date:

20 December 2024

Payment date:

24 January 2025

Dividend per share:

15.56 pence

 

 

Enquiries:

Kerry Higgins

Schroder Investment Management Limited

Tel: 020 7658 6000

 

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