Dividend Declaration - Replacement

RNS Number : 6620P

Aberdeen Standard Equity Income Tst

11 February 2019

 

Aberdeen Standard Equity Income Trust plc

Dividend Declaration - Replacement

The issuer advises that the following replaces the Aberdeen Standard Equity Income Trust plc

Dividend Declaration announcement released at 12:48 BST on 11 February 2019 under RNS No. 6590P

The references to the proposed Q3 dividend dates have been amended.

All other details remain unchanged.

The full amended version is shown below.

11 FEBRUARY 2019

ABERDEEN STANDARD EQUITY INCOME TRUST PLC

DECLARATION OF QUARTERLY DIVIDENDS

The Board announces that a dividend of 4.9 pence per Ordinary Share will be payable to Shareholders on 15 March 2019.  The dividend is payable to Shareholders on the register on 22 February 2019. 

In addition to the above, the Board's intention is that the second and third quarterly dividends will also each be 4.9 pence per Ordinary Share, payable in June and September respectively, and that the final dividend in January 2020, will be at least 5.5 pence per share.

Cumulatively, this is an increase from 19.2 pence in 2018, to a minimum of 20.2 pence for 2019, representing an uplift in the dividend for the year of 5.2% which the Board expects will be fully covered by current year earnings. The dividend increase will be the nineteenth consecutive annual dividend increase.

The proposed 2019 dividend timetable is as follows:-

	Ex- Dividend Date (Thursday)	Record Date (Friday)	Latest Announcement Date (Thursday)	Payment Date (Friday)
Q1	21 February	22 February	14 February	15 March
Q2	30 May	31 May	22 May*	21 June
Q3	5 September	6 September	29 August	27 September
Final	24 December**	27 December	17 December	27 January 2020***

*Wednesday - due to bank holiday

**Tuesday - due to bank holiday

***Monday - following approval by Shareholders at the AGM

For further information please contact:-

Lisa Scott

Maven Capital Partners UK LLP

Secretary

Tel: [phone]

 

END

 

 

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