Invesco Asia
Trust plc
LEI:
549300YM9USHRKIET173
HEADLINE: Dividend
for the year to 30 April
2025
As
previously announced, the Directors of Invesco Asia Trust plc
intends to declare dividends totalling 15.60p per ordinary share in
respect of the year ending 30 April
2025 (2024: 14.10p).
The
Company's current dividend policy is to aim to pay in two equal
instalments, in the absence of unforeseen circumstances, a regular
aggregate annual dividend equivalent to 4.0% of NAV, calculated by
reference to the NAV on the last business day of September. The
dividend instalments are currently paid to Shareholders in November
and April in each year.
As
announced in the Company's Circular and Prospectus in relation to
the proposed combination with Asia Dragon Trust
plc,
if the
Proposals are implemented, the Company will maintain its current
policy of paying an aggregate annual dividend equal to 4.0% of its
NAV, but will increase the frequency of its dividend payments from
the current half-yearly basis to a quarterly basis (i.e. 1.0% every
three months), with payments made in January, April, July and
October of each year. In addition, and with effect from
1 May 2025, the date by reference to
which the 4.0% figure is calculated will be changed, from the last
business day in September to the last business day in April of each
year.
A first
interim dividend 7.80p per ordinary share in respect of the year
ending 30 April 2025 was paid on
29 November 2024.
It is the
intention of the Board to pay a dividend of 3.90p per Share (being
1.0% of the Net Asset Value per Share as at 30 September 2024) in each of January and
April 2025.
Therefore,
the Directors are pleased to declare a second interim dividend of
3.90p to be paid on 31 January 2025
to shareholders on the register on 17
January 2025. The shares will be marked ex-dividend on
16 January 2025. A third interim
dividend of 3.90p is expected to be paid in April 2025.
For
further information, please contact:
Naomi Rogers
For and on
behalf of Invesco Asset Management Limited
Corporate
Secretary to Invesco Asia Trust plc
Email:
investmenttrusts@invesco.com
9 January 2025