Secured Income Fd - Monthly Net Asset Value, Dividend and Fact Sheet

Secured Income Fund

26/11/2020 07:00

RNS Number : 5271G

Secured Income Fund PLC

26 November 2020

 

26 November 2020                                              

Secured Income Fund plc

 

Monthly Net Asset Value, Dividend and Fact Sheet

  

Secured Income Fund plc (LSE: SSIF) (the "Company"), a specialist secured lending income investment trust, listed in the UK, is pleased to provide its monthly net asset value ("NAV") and dividend update in addition to its monthly fact sheet.

 

Net Asset Value

The Company announces that, as at 31 October 2020, the unaudited estimated NAV per ordinary share (cum-income) was 83.68 pence.

 

Dividend

In line with the Company's commitment to return available cash to Shareholders in as short a time frame as possible without damaging capital value for investors, the Company is pleased to announce a dividend of 5.00p per Ordinary Share for the year ended 30 June 2021, as follows:

 

Dividend amount:
5.00 pence per Ordinary Share
Ex-date:
03 December 2020
Record date:
04 December 2020
Payment date:
23 December 2020

 

The Company has elected to designate all of the dividends for the period ended 31 October 2020 as interest distributions to its shareholders. In doing so, the Company is taking advantage of UK tax treatment by "streaming" income from interest-bearing investments into dividends that will be taxed in the hands of shareholders as interest income.

 

Fact Sheet

The Company announces that it has today published its monthly fact sheet to the end of October 2020, which is available to download from the Company's website.

 

(https://kkvim.com/secured-income-fund/)

 

For further information please contact:

 

Directors
David Stevenson (Chair)
Susan Gaynor Coley
Brett Miller
tel: +44 7973 873785
tel: +44 7977 130673
tel: +44 7770 447338
KKV Investment Management Ltd
Nicola Bird
Catherine Halford Riera
tel: +44 20 7429 2200
finnCap Ltd.
Corporate Finance: William Marle / Giles Rolls
Sales: Mark Whitfeld
tel: +44 20 7220 0500

 

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