Dividend Declaration

RNS Number : 0217H

Midas Income & Growth Trust PLC

14 May 2014

 



Midas Income & Growth Trust PLC

Announcement of Fourth Interim Dividend

14 May 2014

The Company has today declared a fourth interim dividend in respect of the year ending 30 April 2014 of 1.40p per Ordinary 25p share which will be payable on 13 June 2014 to Ordinary shareholders on the register on 23 May 2014, ex dividend date 21 May 2014.

The payment of 1.40p per share represents an increase of 3.7% on the 1.35p per share paid in respect of the same period last year.  This dividend, taken with the previous three interim dividends, gives a total dividend of 5.42p per share in respect of the year to 30 April 2014, an increase of 3.2% on the previous year's 5.25p

It is the Board's intention, barring unforeseen circumstances, that it will at least maintain the quarterly dividend rate of 1.40p per share for the full year to 30 April 2015.

Enquiries:

Alan Borrows,             Seneca Investment Managers Limited,          0151 906 2461

Martin Cassels,           R&H Fund Services Limited,                          0131 524 6140

 

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