The Income & Growth VCT plc is a venture capital trust. It invests in companies at various stages of development. The fund invests in unquoted and new and secondary issues of quoted companies, which already have a trading facility on the Alternative Investment Market or on OFEX. It primarily makes investments in support services, software and computer services and general retailers. It prefers to invest in companies based in United Kingdom. The fund structures its investments as part equity and part loan. The fund invests between £.01 million ($.02 million) and £1 million ($1.56 million). It does not invest more than 15 percent of its assets in any one company.
Income & Growth VCT Dividend Announcement
• Income & Growth VCT announced a semi annually dividend of £3.00 per ordinary share which will be made payable on 2024-10-18. Ex dividend date: 2024-09-19
• Income & Growth VCT annual dividend for 2024 was £6.00
• Income & Growth VCT annual dividend for 2023 was £11.00
• Income & Growth VCT's trailing twelve-month (TTM) dividend yield is 9.3%
• Income & Growth VCT's payout ratio for the trailing twelve months (TTM) is 153.37%
• Income & Growth VCT's dividend growth over the last five years (2018-2023) was 14.87% year
• Income & Growth VCT's dividend growth over the last ten years (2013-2023) was -0.87% year
Income & Growth VCT Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-19 | £3.00 | semi annually | 2024-10-18 |
2024-05-16 | £3.00 | semi annually | 2024-06-07 |
2023-10-05 | £7.00 | semi annually | 2023-11-08 |
2023-04-20 | £4.00 | semi annually | 2023-05-26 |
2022-09-22 | £4.00 | semi annually | 2022-11-07 |
2022-06-01 | £4.00 | semi annually | 2022-07-08 |
2021-12-09 | £4.00 | semi annually | 2022-01-07 |
2021-06-24 | £5.00 | semi annually | 2021-07-23 |
2020-09-03 | £11.00 | semi annually | 2020-09-28 |
2020-06-18 | £3.00 | semi annually | 2020-07-10 |
2019-09-26 | £4.50 | semi annually | 2019-10-18 |
2019-06-13 | £1.50 | semi annually | 2019-07-12 |
2019-01-10 | £3.50 | semi annually | 2019-02-15 |
2018-05-24 | £2.50 | semi annually | 2018-06-21 |
2018-01-11 | £3.00 | semi annually | 2018-02-15 |
2017-08-10 | £15.00 | semi annually | 2017-08-31 |
2017-05-25 | £3.00 | semi annually | 2017-06-20 |
2017-01-12 | £4.00 | semi annually | 2017-02-15 |
2016-06-09 | £6.00 | semi annually | 2016-07-07 |
2016-01-14 | £6.00 | semi annually | 2016-02-15 |
2015-06-04 | £6.00 | semi annually | 2015-06-30 |
2015-02-26 | £4.00 | semi annually | 2015-03-20 |
2014-09-24 | £8.00 | semi annually | 2014-10-30 |
2014-06-11 | £6.00 | semi annually | 2014-07-03 |
2014-02-19 | £4.00 | semi annually | 2014-03-12 |
2013-06-05 | £6.00 | semi annually | 2013-06-27 |
2013-01-16 | £6.00 | semi annually | 2013-02-08 |
Income & Growth VCT Dividend per year
Income & Growth VCT Dividend growth
Income & Growth VCT Dividend Yield
Income & Growth VCT current trailing twelve-month (TTM) dividend yield is 9.3%. Interested in purchasing Income & Growth VCT stock? Use our calculator to estimate your expected dividend yield:
Income & Growth VCT Financial Ratios
Income & Growth VCT Dividend FAQ
Other factors to consider when evaluating Income & Growth 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: Income & Growth 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, Income & Growth 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, Income & Growth 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 Income & Growth 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: Income & Growth 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, Income & Growth 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: Income & Growth 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 Income & Growth 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 Income & Growth 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.