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Amati AIM VCT Announces Accelerated Dividend Amidst Market Challenges
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Amati AIM VCT Announces Accelerated Dividend Amidst Market Challenges

Story Highlights
  • Amati AIM VCT plc accelerates dividend payments following strategic portfolio adjustments.
  • The company plans dividends totaling 4p per share, leaving 19% of NAV in cash assets.
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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.

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