Finsbury Growth & Income Trust PLC is a closed ended equity mutual fund launched Frostrow Capital LLP. The fund is co-managed by Lindsell Train Limited. It invests in public equity markets of the United Kingdom. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying value stocks of companies. The fund employs fundamental analysis with a bottom-up stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against the FTSE All-Share Index. The fund was formerly known as Finsbury Growth Trust PLC. Finsbury Growth & Income Trust PLC was formed in 1926 and is domiciled in the United Kingdom.
Finsbury Growth & Income Trust Dividend Announcement
• Finsbury Growth & Income Trust announced a semi annually dividend of £10.50 per ordinary share which will be made payable on 2024-11-08. Ex dividend date: 2024-10-03
• Finsbury Growth & Income Trust annual dividend for 2024 was £19.30
• Finsbury Growth & Income Trust annual dividend for 2023 was £19.00
• Finsbury Growth & Income Trust's trailing twelve-month (TTM) dividend yield is 2.16%
• Finsbury Growth & Income Trust's payout ratio for the trailing twelve months (TTM) is -115.60%
• Finsbury Growth & Income Trust's dividend growth over the last five years (2018-2023) was 4.43% year
• Finsbury Growth & Income Trust's dividend growth over the last ten years (2013-2023) was 6.11% year
Finsbury Growth & Income Trust Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-03 | £10.50 | semi annually | 2024-11-08 |
2024-04-04 | £8.80 | semi annually | 2024-05-17 |
2023-10-05 | £10.50 | semi annually | 2023-11-10 |
2023-04-06 | £8.50 | semi annually | 2023-05-19 |
2022-09-29 | £9.80 | semi annually | 2022-11-04 |
2022-03-31 | £8.30 | semi annually | 2022-05-13 |
2021-10-07 | £9.10 | semi annually | 2021-11-12 |
2021-04-01 | £8.00 | semi annually | 2021-05-14 |
2020-10-08 | £8.60 | semi annually | 2020-11-13 |
2020-04-02 | £8.00 | semi annually | 2020-05-15 |
2019-10-03 | £8.60 | semi annually | 2019-11-08 |
2019-04-04 | £8.00 | semi annually | 2019-05-16 |
2018-10-04 | £8.10 | semi annually | 2018-11-09 |
2018-04-05 | £7.20 | semi annually | 2018-05-17 |
2017-10-12 | £7.40 | semi annually | 2017-11-10 |
2017-04-06 | £6.80 | semi annually | 2017-05-10 |
2016-10-13 | £7.00 | semi annually | 2016-11-11 |
2016-04-07 | £6.10 | semi annually | 2016-05-11 |
2015-10-08 | £7.33 | semi annually | 2015-11-12 |
2015-04-02 | £6.11 | semi annually | 2015-05-06 |
2014-10-09 | £6.89 | semi annually | 2014-11-10 |
2014-04-02 | £5.67 | semi annually | 2014-05-06 |
2013-10-09 | £5.70 | semi annually | 2013-11-08 |
2013-04-03 | £4.80 | semi annually | 2013-05-02 |
Finsbury Growth & Income Trust Dividend per year
Finsbury Growth & Income Trust Dividend growth
Finsbury Growth & Income Trust Dividend Yield
Finsbury Growth & Income Trust current trailing twelve-month (TTM) dividend yield is 2.16%. Interested in purchasing Finsbury Growth & Income Trust stock? Use our calculator to estimate your expected dividend yield:
Finsbury Growth & Income Trust Financial Ratios
Finsbury Growth & Income Trust Dividend FAQ
Other factors to consider when evaluating Finsbury Growth & Income Trust 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: Finsbury Growth & Income Trust'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, Finsbury Growth & Income Trust 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, Finsbury Growth & Income Trust 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 Finsbury Growth & Income Trust 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: Finsbury Growth & Income Trust 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, Finsbury Growth & Income Trust distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Finsbury Growth & Income Trust 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 Finsbury Growth & Income Trust'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 Finsbury Growth & Income Trust'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.