Target Dividend for the year to 30 June 2019

RNS Number : 5011T

JPMorgan Global Growth & Income PLC

04 July 2018

 

London Stock Exchange Announcement

JPMorgan Global Growth & Income plc

Target Dividend for the year to 30 June 2019

JPMorgan Global Growth & Income plc (the "Company") adopted the current distribution policy in July 2016 pursuant to which it intends to pay dividends totalling at least 4 percent. of the net asset value of the Company as at the end of the preceding financial year.  

The Board announces that, in relation to the year commencing 1 July 2018, the Company intends to pay dividends totaling 12.52p per share, which represents a yield of 4.00 percent. of the unaudited net asset value as at the 30 June 2018 (29th June 2018 due to the weekend), as announced yesterday, 2 July 2018. It is expected that such dividends will be paid by way of four equal distributions, with the first distribution for the financial year ending 30 June 2019 of 3.13p per share for the period to 30 September 2018 being declared in August 2018 and paid in October 2018.

The target dividend for the year commencing 1 July 2018 represents an increase of 2.96 percent. over the total dividends of 12.16p per share payable for the prior year.

Legal Entity Identifier: 5493007C3I0O5PJKR078

Information disclosed in accordance with DTR 6.1.13

For and on behalf of

JPMorgan Funds Limited, Secretary

4 July 2018

For further information:

Divya Amin - 020 7742 4000

 

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