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The latest announcement is out from Amati AIM ( (GB:AMAT) ).
Amati AIM VCT plc has announced the acceleration of its dividend payments due to recent strategic portfolio adjustments amid challenging market conditions on AIM. The company plans to distribute a second interim dividend and a special dividend, totaling 4p per share, as it reallocates funds following significant disposals and new investments. These decisions are expected to leave cash and current asset investments at about 19% of the company’s net asset value, excluding potential changes from a takeover of Learning Technologies. The dividend payments are scheduled for January 2025, with no Dividend Re-Investment Scheme available.
More about Amati AIM
Amati AIM VCT plc operates within the financial sector, focusing on venture capital trust investments with a primary emphasis on the Alternative Investment Market (AIM). It engages in investing in a diversified portfolio of AIM-traded companies, aiming to provide its shareholders with a sustainable income and potential for capital growth.
YTD Price Performance: -0.89%
Average Trading Volume: 18,411
Technical Sentiment Consensus Rating: Strong Buy
Learn more about AMAT stock on TipRanks’ Stock Analysis page.
