On Thursday, Develop North PLC, a closed-end investment company listed on the London Stock Exchange (LON:LSEG), announced the declaration of a third interim dividend for the fiscal year ending November 30, 2024. The dividend is set at 1.00 pence per Ordinary share.
The declared dividend is scheduled for payment on December 27, 2024. Shareholders who are on the company's register at the close of business on December 6, 2024, will be eligible for the dividend payout. The shares will become ex-dividend on December 5, 2024.
Develop North PLC is known for specializing in finance provisions for the residential and commercial property sectors. The investment advice and property lending services for the company are managed by Newcastle upon Tyne-based Tier One Capital Ltd, which operates as the investment adviser for Develop North.
The announcement was made public through RNS, the news service of the London Stock Exchange. RNS is recognized by the Financial Conduct Authority in the United Kingdom (TADAWUL:4280) as a Primary Information Provider. The terms and conditions related to the use and distribution of this information may apply. For further details, interested parties are advised to contact the company or its advisers.
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