ProVen Growth & Income VCT plc is a venture capital trust specializing in expansion and management buyouts. It does not invest in start ups. It seeks to invest in SMEs in United Kingdom. It's holding period is from three to four years.
ProVen Growth & Income VCT Dividend Announcement
• ProVen Growth & Income VCT announced a semi annually dividend of £1.50 per ordinary share which will be made payable on 2024-08-16. Ex dividend date: 2024-07-18
• ProVen Growth & Income VCT annual dividend for 2024 was £1.50
• ProVen Growth & Income VCT annual dividend for 2023 was £3.00
• ProVen Growth & Income VCT's trailing twelve-month (TTM) dividend yield is 5.41%
• ProVen Growth & Income VCT's payout ratio for the trailing twelve months (TTM) is 72.69%
• ProVen Growth & Income VCT's dividend growth over the last five years (2018-2023) was -14.33% year
• ProVen Growth & Income VCT's dividend growth over the last ten years (2013-2023) was -6.70% year
ProVen Growth & Income VCT Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-18 | £1.50 | semi annually | 2024-08-16 |
2023-11-16 | £1.25 | semi annually | 2023-12-15 |
2023-07-06 | £1.75 | semi annually | 2023-08-04 |
2022-11-10 | £1.50 | semi annually | 2022-12-02 |
2022-07-14 | £1.75 | semi annually | 2022-08-05 |
2021-11-18 | £1.50 | semi annually | 2021-12-10 |
2021-07-08 | £1.50 | semi annually | 2021-07-30 |
2020-11-12 | £1.50 | semi annually | 2020-12-04 |
2020-08-06 | £1.75 | semi annually | 2020-08-28 |
2019-11-14 | £1.50 | semi annually | 2019-12-06 |
2019-06-20 | £2.00 | semi annually | 2019-07-19 |
2018-11-01 | £4.50 | semi annually | 2018-11-30 |
2018-06-21 | £2.00 | semi annually | 2018-07-20 |
2017-10-19 | £10.25 | semi annually | 2017-11-17 |
2017-06-15 | £2.50 | semi annually | 2017-07-14 |
2016-11-17 | £2.00 | semi annually | 2016-12-16 |
2016-06-16 | £4.00 | semi annually | 2016-07-15 |
2015-10-22 | £2.00 | semi annually | 2015-11-20 |
2015-07-02 | £2.50 | semi annually | 2015-07-31 |
2014-10-30 | £2.00 | semi annually | 2014-11-21 |
2014-06-25 | £2.00 | semi annually | 2014-07-25 |
2014-02-05 | £2.50 | semi annually | 2014-02-28 |
2013-10-23 | £2.00 | semi annually | 2013-11-15 |
2013-07-03 | £4.00 | semi annually | 2013-08-02 |
ProVen Growth & Income VCT Dividend per year
ProVen Growth & Income VCT Dividend growth
ProVen Growth & Income VCT Dividend Yield
ProVen Growth & Income VCT current trailing twelve-month (TTM) dividend yield is 5.41%. Interested in purchasing ProVen Growth & Income VCT stock? Use our calculator to estimate your expected dividend yield:
ProVen Growth & Income VCT Financial Ratios
ProVen Growth & Income VCT Dividend FAQ
Other factors to consider when evaluating ProVen Growth & Income 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.
Place an order: Use the brokerage's trading platform to place an order to buy ProVen Growth & Income VCT stock.
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: ProVen Growth & Income 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, ProVen Growth & Income 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, ProVen Growth & Income 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 ProVen Growth & Income 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: ProVen Growth & Income 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, ProVen Growth & Income 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: ProVen Growth & Income 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 ProVen Growth & Income 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 ProVen Growth & Income 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.