On Thursday, Northern 3 VCT PLC declared an interim dividend of 2.0 pence per ordinary share for the year ending March 31, 2025. The dividend is slated for payment on January 22, 2025, to shareholders who are recorded on the register as of December 20, 2024.
Investors should note that the ex-dividend date, which is the date on which the shares will trade without the right to receive this dividend, is set for December 19, 2024. This means that any shares bought on or after that date will not qualify for the recently announced dividend.
In addition to the dividend declaration, Northern 3 VCT PLC reminded shareholders of the dividend investment scheme that the company offers. This scheme allows shareholders to reinvest their dividends into new ordinary shares without incurring dealing costs. Moreover, these reinvestments come with the benefit of tax reliefs that are typically available for new VCT share subscriptions.
For shareholders interested in the dividend investment scheme, Northern 3 VCT PLC has provided details on their website. Participants looking to take advantage of this option can find more information and instructions on how to join the scheme at www.mercia.co.uk/vcts/n3vct/. The scheme represents an opportunity for shareholders to potentially increase their investment in the company while enjoying certain financial advantages.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.