The Biotech Growth Trust PLC is a closed ended equity mutual fund launched by Frostrow Capital LLP. It is co-managed by OrbiMed Capital LLC. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the biotechnology sector. The fund invests in stocks of companies across all market capitalizations. It employs fundamental analysis to create its portfolio. The fund benchmarks the performance of its portfolio against the NASDAQ Biotechnology Index. It was previously known as Finsbury Emerging Biotechnology Trust PLC. The Biotech Growth Trust PLC was formed on May 20, 1997 and is domiciled in the United Kingdom.
Biotech Growth Trust Dividend Announcement
• Biotech Growth Trust announced a annually dividend of £0.20 per ordinary share which will be made payable on 2001-07-30. Ex dividend date: 2001-07-04
• Biotech Growth Trust's trailing twelve-month (TTM) dividend yield is -%
Biotech Growth Trust Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2001-07-04 | £0.20 | annually | 2001-07-30 |
1999-08-02 | £0.40 | annually | 1999-08-31 |
1998-07-13 | £0.60 | annually | 1999-04-09 |
Biotech Growth Trust Dividend per year
Biotech Growth Trust Dividend Yield
Biotech Growth Trust current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Biotech Growth Trust stock? Use our calculator to estimate your expected dividend yield:
Biotech Growth Trust Financial Ratios
Biotech Growth Trust Dividend FAQ
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
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