REG-Capital Gearing Trust P.l.c.: Dividend Declaration

Capital Gearing TrustAnnouncement

29/05/2025 07:02

29 May 2025

 

Capital Gearing Trust P.l.c.

(the ‘Company’)

 

Dividend Declaration

 

 

Legal Entity Identifier: 213800T2PJTPVF1UGW53

 

The Board of Capital Gearing Trust P.l.c. has proposed a dividend for the
Company's financial year ended 31 March 2025 of 102p per Ordinary share,
subject to approval at the Annual General Meeting. The dividend will be paid
on 8 July 2025 to shareholders on the register on 6 June 2025. The ex-dividend
date will be 5 June 2025.

 

As referred to in the Chairman’s Annual Report Statement, the directors have
chosen to apply the streaming regime to part of the dividend payment and the
Company has designated the payment as follows:

 

 Interest Distribution per Ordinary Share:  66p   
 Dividend Distribution per Ordinary Share:  36p   
 Total Dividend per Ordinary Share:         102p  
                                                  

The total distribution represents an increase of 30.8% from the 78p paid to
shareholders in respect of the Company’s financial year ended 31 March 2024.
Approximately two thirds of the increase is attributable to the element of the
interest distribution which has reduced the Company’s corporation tax
liability.

 

The distribution will be split into the interest and dividend components on
shareholder tax vouchers. If you are in any doubt as to your tax position or
you are subject to tax in a jurisdiction outside the UK, you should consult an
appropriate professional adviser. 

 

-ENDS-

For further information please contact:

Frostrow Capital LLP - Company Secretary
Alison Vincent
0203 709 2481

company.secretary@capitalgearingtrust.com   

 

 



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