F&C Investment Trust Plc (LON:FCIT) have resolved that the first interim dividend for the year ending 31 December 2024 will be a payment of 3.60 pence per ordinary share (2023: 3.40 pence per share). The dividend will be paid on 1 August 2024 to shareholders registered at the close of business on 28 June 2024. Please note this payment will include a Dividend Re-investment Plan facility, for which the election date will be 9 July 2024.
For the year ended 31 December 2023, F&C Investment Trust again paid a fully covered dividend. The Board hopes that the dividend for the current financial year will also be covered, but the Company has substantial revenue reserves and can therefore support dividend payments when they are not covered by current year income. With this significant investment trust advantage over many open-ended funds, F&C Investment Trust remains well positioned in continuing to deliver dividend rises to shareholders over the longer term.
