Maven Income and Growth VCT 4 ( (GB:MAV4) ) has provided an announcement.
Maven Income and Growth VCT 4 PLC has announced a proposed final dividend of 1.75p per Ordinary Share for the year ending 31 December 2024, bringing the total annual dividend to 3.75p per share, which represents a 6.1% yield based on the net asset value at the previous year-end. The company has increased its target annual dividend yield from 5% to 6% of NAV, reflecting its commitment to regular tax-free distributions and the successful realization of capital gains. Additionally, shareholders can participate in a Dividend Investment Scheme to reinvest dividends into new shares, potentially benefiting from VCT tax reliefs.
More about Maven Income and Growth VCT 4
Maven Income and Growth VCT 4 PLC operates in the financial services industry, focusing on providing venture capital trust investments. The company aims to deliver tax-free income to shareholders through a diversified portfolio of investments, primarily targeting small to medium-sized enterprises in the UK.
YTD Price Performance: -1.74%
Average Trading Volume: 10,272
Technical Sentiment Consensus Rating: Sell
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