Second Interim Dividend

RNS Number : 7301C

Aberdeen Smaller Co's Inc Tst PLC

22 June 2021

 

22 June 2021

Aberdeen Smaller Companies Income Trust PLC

Legal Entity Identifier (LEI): 213800J6D2TVHRGKBG24

Information disclosed in accordance with DTR 6.1.13

The Board of Aberdeen Smaller Companies Income Trust PLC declare a second interim dividend of  2.15p per share in respect of the year to 31 December 2021 (second interim 2020: 2.06p) payable on 23 July 2021 to shareholders on the register at close of business on 2 July 2021. The ex-dividend date is 1 July 2021.

As we said when we declared an increased first interim, the Board continues to regard a key purpose of our Company as the generation of income for our shareholders. The economic uncertainty has continued and whilst much of the economic data looks encouraging, there remains some uncertainty about the outlook, particularly driven by Covid-19 related issues such as variants, restriction timing, and government attitude towards future outbreaks.

Whilst we still do not expect much clarity about the outlook for 2022 until the fourth quarter, we continue to believe that maintaining the dividend, with the use of our healthy revenue reserves, is valuable to shareholders.

We shall of course continue to monitor this situation each quarter and may have to take a different decision, once greater clarity emerges of the outlook for the remainder of 2021 and 2022.

Aberdeen Smaller Companies Income Trust PLC is managed by Aberdeen Standard Fund Managers Limited.

For further information, please contact:

Holly Kidd

Aberdeen Asset Management PLC

[phone]

 

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