Albion Technology & General VCT PLC is a venture capital trust specializing in technology and nontechnology-related companies based in the United Kingdom. It does not invest in companies that deal in property or shares and securities, insurance, banking, agriculture. The fund seeks to invest half of the assets in quoted global technology stocks and the remaining assets in unquoted UK non-tech companies. It seeks to invest 40 percent in unquoted UK technology related companies and 60 percent in unquoted UK non-technology companies. It invests in shares or securities including loans with a five year or greater maturity period. 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. The maximum each portfolio company can receive from State Aided risk capital schemes is £5 million ($5.80 million) in aggregate from all state aided providers of risk capital, including VCTs, in the 12 month period up to and including the most recent such investment.
Albion Technology & General VCT Dividend Announcement
• Albion Technology & General VCT announced a semi annually dividend of £1.88 per ordinary share which will be made payable on 2024-12-06. Ex dividend date: 2024-11-14
• Albion Technology & General VCT annual dividend for 2024 was £3.68
• Albion Technology & General VCT annual dividend for 2023 was £3.72
• Albion Technology & General VCT's trailing twelve-month (TTM) dividend yield is 5.17%
• Albion Technology & General VCT's payout ratio for the trailing twelve months (TTM) is 105.11%
• Albion Technology & General VCT's dividend growth over the last five years (2018-2023) was -1.44% year
• Albion Technology & General VCT's dividend growth over the last ten years (2013-2023) was -2.91% year
Albion Technology & General VCT Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-14 | £1.88 | semi annually | 2024-12-06 |
2024-06-06 | £1.80 | semi annually | 2024-06-28 |
2023-12-07 | £1.90 | semi annually | 2023-12-29 |
2023-06-01 | £1.82 | semi annually | 2023-06-30 |
2022-12-08 | £1.97 | semi annually | 2022-12-30 |
2022-06-01 | £2.02 | semi annually | 2022-06-30 |
2021-12-02 | £1.95 | semi annually | 2021-12-31 |
2021-06-03 | £1.73 | semi annually | 2021-06-30 |
2020-12-03 | £1.95 | semi annually | 2020-12-31 |
2020-10-08 | £9.00 | semi annually | 2020-10-30 |
2020-06-04 | £2.00 | semi annually | 2020-06-30 |
2019-12-05 | £2.00 | semi annually | 2019-12-31 |
2019-06-06 | £2.00 | semi annually | 2019-06-28 |
2018-12-06 | £2.00 | semi annually | 2018-12-31 |
2018-05-31 | £2.00 | semi annually | 2018-06-29 |
2017-11-30 | £2.00 | semi annually | 2017-12-29 |
2017-06-01 | £1.00 | semi annually | 2017-06-30 |
2017-01-12 | £1.00 | semi annually | 2017-01-31 |
2016-10-06 | £1.25 | semi annually | 2016-10-31 |
2016-06-09 | £1.25 | semi annually | 2016-06-30 |
2016-04-14 | £1.25 | semi annually | 2016-04-29 |
2016-01-14 | £1.25 | semi annually | 2016-01-29 |
2015-10-01 | £1.25 | semi annually | |
2015-06-04 | £1.25 | semi annually | 2015-06-30 |
2015-04-09 | £1.25 | semi annually | 2015-04-30 |
2015-01-15 | £1.25 | semi annually | 2015-02-09 |
2014-10-01 | £1.25 | semi annually | 2014-10-31 |
2014-06-04 | £1.25 | semi annually | 2014-06-30 |
2014-04-09 | £1.25 | semi annually | 2014-04-30 |
2014-01-08 | £1.25 | semi annually | 2014-01-31 |
2013-10-02 | £2.50 | semi annually | 2013-10-31 |
2013-04-10 | £2.50 | semi annually | 2013-04-30 |
Albion Technology & General VCT Dividend per year
Albion Technology & General VCT Dividend growth
Albion Technology & General VCT Dividend Yield
Albion Technology & General VCT current trailing twelve-month (TTM) dividend yield is 5.17%. Interested in purchasing Albion Technology & General VCT stock? Use our calculator to estimate your expected dividend yield:
Albion Technology & General VCT Financial Ratios
Albion Technology & General VCT Dividend FAQ
Other factors to consider when evaluating Albion Technology & General 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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Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: Albion Technology & General 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 Technology & General 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 Technology & General 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 Technology & General 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 Technology & General 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 Technology & General 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 Technology & General 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 Technology & General 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 Technology & General 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.