Alliance Trust announces 57th consecutive annual dividend increase
Alliance Trust PLC has declared a fourth interim dividend of 6.34p per share, marking the Dundee-headquartered fund manager’s 57th consecutive annual increase.
The increase is up 5.7% on the equivalent dividend of 6.00p paid in the same period in the last financial year. This brings the total dividend for 2023 to 25.20p, an increase of 5% on the company’s 2022 dividend. The board believes that this track record of consecutive increases can be extended well into the future.
The fourth interim dividend will be paid on 28 March 2024 to shareholders on the register at the close of business on 1 March 2024. The ex-dividend date is 29 February 2024.