Proven Growth and Income VCT PLC (PGOO) Raises Dividend to GBX 10.25 Per Share
Proven Growth and Income VCT PLC (LON:PGOO) declared a dividend on Wednesday, October 11th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, October 19th will be paid a dividend of GBX 10.25 ($0.14) per share on Friday, November 17th. This represents a dividend yield of 12.58%. The ex-dividend date of this dividend is Thursday, October 19th. This is an increase from Proven Growth and Income VCT PLC’s previous dividend of $2.50. The official announcement can be viewed at this link.
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Proven Growth and Income VCT PLC Company Profile
ProVen Growth and Income VCT plc is a United Kingdom-based investment company. The Company’s investment objective is to achieve long-term returns greater than those available from investing in a portfolio of quoted companies, by investing in a portfolio of carefully selected qualifying investments in small and medium sized unquoted companies with excellent growth prospects, and a portfolio of non-qualifying investments, including cash, liquidity funds, fixed interest securities, debt and debt-related securities in growth companies, and non-qualifying venture capital investments, within the conditions imposed on all venture capital trusts (VCTs), and to minimize the risk of each investment and the portfolio as a whole.
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