CVC Income & Growth Limited is a closed-ended fixed income mutual fund of fund launched by Goldman Sachs International. The fund is managed by CVC Credit Partners Investment Management Ltd. It invests in the fixed income markets of Western Europe. The fund seeks to invest in securities of companies across diversified sectors. It primarily invests all of its assets in units of the CVC European Credit Opportunities S.àr.l, which in turn invests in sub-investment grade senior secured debt obligations of companies. The fund benchmarks the performance of its portfolio against the S&P European Leveraged Loan lndex, iBoxx EUR Liquid High Yield Index, S&P Europe 350 Index, and HFRX Global Hedge Fund Index. It was formerly known as CVC Credit Partners European Opportunities Limited. CVC Income & Growth Limited was formed on March 20, 2013 and is domiciled in Jersey.
CVC Income & Growth Dividend Announcement
• CVC Income & Growth announced a quarterly dividend of £1.71 per ordinary share which will be made payable on 2024-11-29. Ex dividend date: 2024-11-07
• CVC Income & Growth annual dividend for 2024 was £8.77
• CVC Income & Growth annual dividend for 2023 was £7.10
• CVC Income & Growth's trailing twelve-month (TTM) dividend yield is 7.52%
• CVC Income & Growth's payout ratio for the trailing twelve months (TTM) is 7.75%
• CVC Income & Growth's dividend growth over the last five years (2018-2023) was 7.86% year
CVC Income & Growth Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-07 | £1.71 | quarterly | 2024-11-29 |
2024-08-08 | £1.77 | quarterly | 2024-08-30 |
2024-05-09 | £1.77 | quarterly | 2024-05-31 |
2024-02-08 | £3.52 | quarterly | 2024-03-01 |
2023-11-09 | £1.64 | quarterly | 2023-12-01 |
2023-08-10 | £1.62 | quarterly | 2023-09-01 |
2023-05-11 | £1.63 | quarterly | 2023-06-02 |
2023-02-09 | £2.22 | quarterly | 2023-03-03 |
2022-11-03 | £1.30 | quarterly | 2022-11-25 |
2022-08-04 | £1.05 | quarterly | 2022-08-26 |
2022-05-26 | £1.06 | quarterly | 2022-06-17 |
2022-02-03 | £1.05 | quarterly | 2022-02-25 |
2021-11-11 | £1.07 | quarterly | 2021-12-03 |
2021-08-05 | £0.96 | quarterly | 2021-08-27 |
2021-05-06 | £0.97 | quarterly | 2021-05-28 |
2021-02-04 | £0.99 | quarterly | 2021-02-26 |
2020-11-12 | £1.01 | quarterly | 2020-12-04 |
2020-08-06 | £0.90 | quarterly | 2020-08-28 |
2020-05-14 | £1.22 | quarterly | 2020-06-05 |
2020-02-06 | £1.17 | quarterly | 2020-02-28 |
2019-11-07 | £1.18 | quarterly | 2019-11-29 |
2019-08-01 | £1.26 | quarterly | 2019-09-13 |
2019-05-02 | £1.18 | quarterly | 2019-06-14 |
2019-02-07 | £1.21 | quarterly | 2019-03-22 |
2018-11-01 | £1.21 | quarterly | 2018-12-14 |
2018-08-09 | £1.23 | quarterly | 2018-09-21 |
2018-05-03 | £1.21 | quarterly | 2018-06-15 |
2018-02-01 | £1.21 | quarterly | 2018-03-16 |
2017-11-02 | £1.22 | quarterly | 2017-12-15 |
2017-08-10 | £1.25 | quarterly | 2017-09-01 |
2017-05-04 | £1.06 | quarterly | 2017-05-26 |
2017-02-02 | £1.07 | quarterly | 2017-02-24 |
2016-11-03 | £1.12 | quarterly | |
2016-07-14 | £2.09 | quarterly | |
2016-02-04 | £1.92 | quarterly | |
2015-07-09 | £1.79 | quarterly | |
2015-02-05 | £1.87 | quarterly | |
2014-06-25 | £2.00 | quarterly | |
2014-01-29 | £0.82 | quarterly |
CVC Income & Growth Dividend per year
CVC Income & Growth Dividend growth
CVC Income & Growth Dividend Yield
CVC Income & Growth current trailing twelve-month (TTM) dividend yield is 7.52%. Interested in purchasing CVC Income & Growth stock? Use our calculator to estimate your expected dividend yield:
CVC Income & Growth Financial Ratios
CVC Income & Growth Dividend FAQ
Other factors to consider when evaluating CVC Income & Growth 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: CVC Income & Growth'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, CVC Income & Growth 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, CVC Income & Growth 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 CVC Income & Growth 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: CVC Income & Growth 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, CVC Income & Growth distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: CVC Income & Growth 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 CVC Income & Growth'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 CVC Income & Growth'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.