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JPMorgan Claver IT (JCH)

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Thursday 05 February, 2009

JPMorgan Claver IT

Dividend Declaration

RNS Number : 8559M
JPMorgan Claverhouse IT PLC
05 February 2009

JPMorgan Claverhouse Investment Trust plc

Fourth quarterly interim dividend

The Directors have declared that a fourth quarterly interim dividend of 5.90 pence per share for the year ended 31st December 2008 will be paid on 2nd March 2009 to shareholders on the register at the close of business on 13th February 2009.

This payment will bring the total dividend for the year ended 31st December 2008 (excluding the special dividend paid in respect of the VAT recovery) to 16.40 pence (2006: 15.30 pence), an increase of 7.2% over the previous year.

The Board hopes to at least maintain the dividend for the year ending 31st December 2009 and it is prepared to use the Company's revenue reserve if necessary in order to achieve this. In light of the current economic and market conditions, it is almost certain that income receipts will be lower in the current financial year and the Board will continue to closely monitor the situation. It will have a clearer indication of the likely level of revenue for the year when it reports its half year results in July.  

5th February 2009

For further information:

Jonathan Latter, 

JPMorgan Asset Management (UK) Limited                020 7742 6000

This information is provided by RNS
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