Dividends paid per share in financial year

Dividends paid per share
30/09/2016 30/09/2017 30/09/2018 30/09/2019 30/09/2020
12 22 5.5 5 4.5

Detailed Payment History

Final and interim dividend payments
Payment Date In respect of y/e Type Dividends paid per share (p)
18th Oct 2019 30/09/2019 Interim 4.50
12th Jul 2019 30/09/2019 Interim 1.50
15th Feb 2019 30/09/2018 Final 3.50
21st Jun 2018 30/09/2018 Interim 2.50
15th Feb 2018 30/09/2017 Final 3.00
31st Aug 2017 30/09/2017 Special 15.00
20th Jun 2017 30/09/2017 Interim 3.00
15th Feb 2017 30/09/2016 Final 4.00
7th Jul 2016 30/09/2016 Interim 6.00
15th Feb 2016 30/09/2015 Final 6.00
30th Jun 2015 30/09/2015 Interim 6.00
20th Mar 2015 30/09/2014 Final 4.00
30th Oct 2014 30/09/2014 Interim 8.00
3rd Jul 2014 30/09/2014 Interim 6.00
12th Mar 2014 30/09/2013 Final 4.00
27th Jun 2013 30/09/2013 Interim 6.00
8th Feb 2013 30/09/2012 Interim 6.00
15th Feb 2012 30/09/2011 Final 4.00
27th Jan 2012 30/09/2012 Interim 20.00
28th Mar 2011 30/09/2010 Final 2.00
22nd Feb 2011 30/09/2010 Interim 2.00
17th Mar 2010 30/09/2009 Final 0.50
TOTAL     117.50

Unclaimed dividends

Shareholders are encouraged to ensure that the Registrars maintain up-to-date details for them and to check whether they have received all the dividends payable to them. This is particularly important for those who have recently moved house or changed their bank. We are aware that a number of dividends remain unclaimed by shareholders and whilst we will endeavour to contact the shareholders concerned, if this is the case, we cannot guarantee that we will be able to do so if the Registrars do not have an up-to-date telephone number and/or email address.

Dividend Investment Scheme

Please note that the Company has suspended its Dividend Investment Scheme (“the Scheme’’) as of 12 December 2018 until further notice, please see the Chairman's Statement in the Final Results for year ended 30 September 2018 for further details.

The Scheme provided shareholders with the opportunity to reinvest their cash dividends into new shares in the VCT.

New VCT shares attract the same tax reliefs as shares purchased through an Offer for Subscription. The Scheme allows shareholders to re-invest at an advantageous price, being the greater of the average market price of the shares for the five business days prior to the dividend being paid and 70% of the last published net asset value per existing share. This price is likely to be at a discount of 10% to the underlying net asset value.

The terms and conditions for the Scheme and a mandate form can be downloaded by by clicking on the following links. 

Terms and conditions

Mandate Form 

Shareholders cannot currently elect to join the Scheme but can alter their mandate instruction by post to Link Asset Services, The Registry, 34 Beckenham Road, Beckenham, Kent BR3 4TU telephone: 0371 664 0324. Calls are charged at the standard geographic rate and will vary by provider. Calls from outside the United Kingdom are charged at the applicable international rate. Lines are open 9.00 am – 5.30 pm Mon – Fri, excluding public holidays in England and Wales.