Albion Development VCT PLC is a venture capital trust which provides equity and debt finance to growing unquoted companies across various sectors. It does not invest in companies that deal in property or shares and securities, insurance, banking, agriculture, and operating or managing hotels or residential care homes. The fund invests in technology-orientated companies, service and asset-backed businesses software and computer services, and medical technology sectors. It also invests in freehold-based businesses in the leisure sector, such as pubs and health clubs, as well as in other sectors including business services, renewable energy, education, and healthcare. The fund seeks to invest in United Kingdom and invests in shares or securities including loans with a five year or greater maturity period. It may not control a portfolio company. The gross assets of a portfolio company must not exceed £15 million ($17.39 million) immediately prior to the investment and £16 million ($18.55 million) immediately thereafter.
Albion Development VCT Dividend Announcement
• Albion Development VCT announced a quarterly dividend of £3.00 per ordinary share which will be made payable on 2024-10-25. Ex dividend date: 2024-10-03
• Albion Development VCT annual dividend for 2024 was £7.62
• Albion Development VCT annual dividend for 2023 was £4.51
• Albion Development VCT's trailing twelve-month (TTM) dividend yield is 8.96%
• Albion Development VCT's payout ratio for the trailing twelve months (TTM) is 54.44%
• Albion Development VCT's dividend growth over the last five years (2018-2023) was 2.43% year
• Albion Development VCT's dividend growth over the last ten years (2013-2023) was -1.03% year
Albion Development VCT Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-03 | £3.00 | quarterly | 2024-10-25 |
2024-09-12 | £2.40 | quarterly | 2024-09-30 |
2024-05-02 | £2.22 | quarterly | 2024-05-31 |
2023-09-07 | £2.29 | quarterly | 2023-09-29 |
2023-05-04 | £2.22 | quarterly | 2023-05-31 |
2022-09-08 | £2.34 | quarterly | 2022-09-30 |
2022-05-05 | £2.37 | quarterly | 2022-05-31 |
2021-09-09 | £2.31 | quarterly | 2021-09-30 |
2021-05-06 | £2.06 | quarterly | 2021-05-28 |
2020-09-10 | £1.99 | quarterly | 2020-09-30 |
2020-05-07 | £2.25 | quarterly | 2020-05-29 |
2019-09-12 | £2.25 | quarterly | 2019-09-30 |
2019-05-02 | £2.25 | quarterly | 2019-05-31 |
2018-09-13 | £2.00 | quarterly | 2018-09-28 |
2018-05-03 | £2.00 | quarterly | 2018-05-31 |
2017-09-07 | £2.00 | quarterly | 2017-09-29 |
2017-05-04 | £2.00 | quarterly | 2017-05-31 |
2016-09-08 | £2.50 | quarterly | 2016-09-30 |
2016-05-05 | £2.50 | quarterly | 2016-05-31 |
2015-09-10 | £2.50 | quarterly | 2015-09-30 |
2015-04-30 | £2.50 | quarterly | 2015-05-29 |
2014-09-03 | £2.50 | quarterly | 2014-09-30 |
2014-04-30 | £2.50 | quarterly | 2014-05-30 |
2013-09-04 | £2.50 | quarterly | 2013-09-30 |
2013-05-01 | £2.50 | quarterly | 2013-05-31 |
Albion Development VCT Dividend per year
Albion Development VCT Dividend growth
Albion Development VCT Dividend Yield
Albion Development VCT current trailing twelve-month (TTM) dividend yield is 8.96%. Interested in purchasing Albion Development VCT stock? Use our calculator to estimate your expected dividend yield:
Albion Development VCT Financial Ratios
Albion Development VCT Dividend FAQ
Other factors to consider when evaluating Albion Development VCT as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Albion Development VCT's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Albion Development VCT publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Albion Development VCT distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Albion Development VCT are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Albion Development VCT sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Albion Development VCT distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Albion Development VCT declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Albion Development VCT's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Albion Development VCT's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.