Dividend Declaration

RNS Number : 8678Q

Polar Cap Gbl Healthcare Growth&IT

26 October 2011

 



Polar Capital Global Healthcare Growth and Income Trust Plc ("the Company")

26 October 2011

Initial Accounts and Dividend

The Board of Polar Capital Global Healthcare Growth and Income Trust plc announces that initial accounts for the period from incorporation on 12 May 2010 to 30 September 2011 have been prepared and will be lodged at Companies House.

The Board has declared a fifth interim dividend relating to the accounting period ended 30 September 2011 of 0.46p per ordinary share to shareholders on the register on 5 November 2011.  The dividend will be paid on 30 November 2011 and the shares will trade ex-dividend from 3 November 2011.

Following the pattern set last year the dividends paid in February, May and November are likely to be smaller than the dividend paid in August.  The Board, when considering the dividend policy, is mindful of the current market consensus for dividend growth in the pharmaceutical sector and will look to this when considering the annual distributions to shareholders.  The Company's policy remains to increase the dividend on an annual basis progressively, but there is no guarantee that this will be achieved. 

Enquiries

N P Taylor

Polar Capital LLP

020 7227 2700

 

END

 

 

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