Octopus Renewables Announces Dividend Declaration

Source: www.gulfoilandgas.com 8/5/2024, Location: Europe

The Board of Octopus Renewables Infrastructure Trust plc is pleased to declare an interim dividend in respect of the period from 1 April 2024 to 30 June 2024 of 1.51 pence per ordinary share, payable on 30 August 2024 to shareholders on the register at 16 August 2024 (the "Q2 2024 Dividend"). The ex-dividend date will be 15 August 2024.

A portion of the Company's dividend is designated as an interest distribution for UK tax purposes. The interest streaming percentage for the Q2 2024 Dividend is 55.6%.

The Q2 2024 Dividend is in line with the Company's dividend target for the financial year from 1 January 2024 to 31 December 2024 of 6.02 pence per ordinary share*.


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