Schroder UK Mid Cap Fund plc is a closed-ended equity mutual fund launched and managed by Schroder Unit Trusts Ltd. The fund is co-managed by Schroder Investment Management Limited. It invests in the public equity markets of the United Kingdom. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in growth stocks of mid-cap companies. The fund employs fundamental analysis focusing on such factors as strong management teams with a proven record, good future prospects, and a strong business franchise within the firms' markets to create its portfolio. It benchmarks the performance of its portfolio against the FTSE 250 (ex-Investment Companies) Index. The fund was formerly known as Schroder UK Mid & Small Cap Fund plc. Schroder UK Mid Cap Fund plc was formed on April 1, 1983 and is domiciled in the United Kingdom.
Schroder UK Mid Cap Fund Dividend Announcement
• Schroder UK Mid Cap Fund announced a semi annually dividend of £6.00 per ordinary share which will be made payable on 2024-08-09. Ex dividend date: 2024-07-11
• Schroder UK Mid Cap Fund annual dividend for 2024 was £21.00
• Schroder UK Mid Cap Fund annual dividend for 2023 was £19.50
• Schroder UK Mid Cap Fund's trailing twelve-month (TTM) dividend yield is 3.48%
• Schroder UK Mid Cap Fund's dividend growth over the last five years (2018-2023) was 7.95% year
• Schroder UK Mid Cap Fund's dividend growth over the last ten years (2013-2023) was 2.99% year
Schroder UK Mid Cap Fund Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-11 | £6.00 | semi annually | 2024-08-09 |
2024-02-15 | £15.00 | semi annually | 2024-03-15 |
2023-07-13 | £5.50 | semi annually | 2023-08-04 |
2023-01-12 | £14.00 | semi annually | 2023-02-27 |
2022-07-14 | £5.00 | semi annually | 2022-08-05 |
2022-01-13 | £11.00 | semi annually | 2022-02-14 |
2021-07-08 | £3.80 | semi annually | 2021-08-06 |
2021-01-14 | £9.50 | semi annually | 2021-02-15 |
2020-07-09 | £3.80 | semi annually | 2020-08-07 |
2020-01-02 | £14.70 | semi annually | 2020-02-03 |
2019-07-11 | £3.80 | semi annually | 2019-08-09 |
2019-01-03 | £12.70 | semi annually | 2019-02-01 |
2018-07-12 | £3.30 | semi annually | 2018-08-10 |
2018-01-04 | £10.00 | semi annually | 2018-02-09 |
2017-07-13 | £3.10 | semi annually | 2017-07-31 |
2016-12-29 | £8.50 | semi annually | 2017-02-06 |
2016-06-09 | £2.75 | semi annually | 2016-06-30 |
2015-12-31 | £7.44 | semi annually | 2016-02-12 |
2015-06-04 | £2.78 | semi annually | 2015-06-30 |
2014-12-29 | £6.67 | semi annually | 2015-02-04 |
2014-06-04 | £2.78 | semi annually | 2014-07-31 |
2013-12-11 | £5.45 | semi annually | 2014-02-03 |
2013-06-05 | £2.25 | semi annually | 2013-07-31 |
2013-01-02 | £6.82 | semi annually | 2013-01-30 |
Schroder UK Mid Cap Fund Dividend per year
Schroder UK Mid Cap Fund Dividend growth
Schroder UK Mid Cap Fund Dividend Yield
Schroder UK Mid Cap Fund current trailing twelve-month (TTM) dividend yield is 3.48%. Interested in purchasing Schroder UK Mid Cap Fund stock? Use our calculator to estimate your expected dividend yield:
Schroder UK Mid Cap Fund Financial Ratios
Schroder UK Mid Cap Fund Dividend FAQ
Other factors to consider when evaluating Schroder UK Mid Cap Fund 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: Schroder UK Mid Cap Fund'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, Schroder UK Mid Cap Fund 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, Schroder UK Mid Cap Fund 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 Schroder UK Mid Cap Fund 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: Schroder UK Mid Cap Fund 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, Schroder UK Mid Cap Fund distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Schroder UK Mid Cap Fund 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 Schroder UK Mid Cap Fund'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 Schroder UK Mid Cap Fund'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.