Witan Investment Trust announced a fourth interim dividend of 1.825p per ordinary share of 5p, in respect of the year ended 31 December 2019. The dividend will be paid on Friday, 3 April 2020, to shareholders registered at the close of business on Friday, 28 February 2020.
The fourth interim dividend will add to a total of 5.35p in respect of 2019, together with the three interim dividends of 1.175p each paid in June, September and December 2019, respectively.
As per the company’s policy, in the absence of unforeseen circumstances, the first three interim dividends of the current financial year (in June, September and December 2020) will be paid at the rate of 1.34p, being approximately one quarter of the 5.35p total payment in respect of 2019.
The board has declared a fourth interim dividend instead of a final dividend to ensure that the distribution is made before 5 April.