On Thursday, JPMorgan European Growth & Income plc announced a third interim dividend of 1.20 pence per ordinary share for the year ending March 31, 2025. Shareholders on the register at the close of business on November 29, 2024, will receive the dividend payment on January 3, 2025. The ex-dividend date is set for November 28, 2024.
This announcement was made public through a London Stock Exchange (LON:LSEG) Announcement and is in compliance with Disclosure and Transparency Rule 6.1.13. The declared dividend is part of the company's regular distribution to its shareholders and reflects its ongoing financial performance and capital allocation strategy.
In addition to the cash dividend, the company has provided an option for shareholders to reinvest their dividend through a Dividend Reinvestment Plan (DRIP). Shareholders interested in participating in the DRIP must make their election by December 10, 2024. This reinvestment plan is an alternative for shareholders who prefer to increase their stake in the company rather than receiving a cash dividend.
Details regarding the DRIP and the process for election will be made available to the shareholders. This offers a convenient way for investors to potentially grow their investment in JPMorgan European Growth & Income plc without incurring brokerage fees that would typically apply to share purchases on the open market.
The dividend declaration and the accompanying DRIP option underscore JPMorgan European Growth & Income plc's commitment to providing value to its shareholders and allowing for flexible investment choices.
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