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Invesco Income Growth Hikes First Interim Dividend Payout By 4%

(Alliance News) - Invesco Income Growth Trust PLC said Wednesday it will pay a 2.5 pence per ...

Alliance News 11 September, 2019 | 5:54PM
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(Alliance News) - Invesco Income Growth Trust PLC said Wednesday it will pay a 2.5 pence per share first interim dividend, up 4.2% on the year prior.

Invesco Income Growth - which historically pays four quarterly dividends - will pay 2.50p a share as a first interim dividend for the year ending March 2020. For the same period the year prior, the firm paid a 2.40p dividend.

"This dividend reflects the directors' intention for the total dividends for the year to grow at above the rate of inflation," Invesco Income Growth said in a statement.

Shares in Invesco Income Growth closed 1.1% higher at 271.00p in London on Wednesday.

By Ahren Lester; ahrenlester@alliancenews.com

Copyright 2019 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Invesco Income Growth Ord 272.85 GBX -0.78

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Alliance News

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