In QuotedData’s morning briefing 26 March 2025:
- CT UK High Income Trust (CTUK) has announced a fourth quarter dividend in respect of the financial year to 31 March 2025 of 1.74 pence per ordinary share. This dividend will be paid on 2 May 2025 with an ex-dividend date of 3 April 2025. A fourth quarter capital repayment of 1.74 pence per B share will be paid on 2 May 2025 to B shareholders on the register on 4 April 2025, with an ex-dividend date of 3 April 2025. Capital repayments on B shares are paid at the same time and in an amount equal to each dividend paid on an ordinary share. For the financial year to 31 March 2025, total dividends / capital repayments have increased by 3.0% to 5.79 pence per share (financial year to 31 March 2024: 5.62 pence per share).
- Following shareholder approval on 20 March 2025, Supermarket Income REIT (SUPR) has successfully completed the internalisation of the company’s management function, in line with expectations. Accordingly, Rob Abraham and Mike Perkins have been appointed as CEO and CFO respectively, with both joining the board with immediate effect. Nick Hewson, chair of Supermarket Income REIT, commented: “I am pleased to welcome Rob and Mike to the board, following the completion of the internalisation of the company’s management function. This represents a significant milestone for the company, as we continue to make progress on our key strategic initiatives, which are designed to enhance earnings and continue to reduce the discount to NAV. Rob and Mike have played an integral role in the business to date, and their deep understanding of SUPR’s strategy and operations will ensure a smooth transition and continued delivery of value for our shareholders.”
We also have:
Urban Logistics REIT requisitioned for removal of board members
Market volatility creates challenges for EPE Special Opportunities
Falling power prices dampen otherwise solid year for Downing Renewables
abrdn Asian Income Fund wraps up solid year, optimistic about future
The Renewables Infrastructure Group reduces management fee by 28%
Schroder UK Mid Cap Fund announces management fee reduction, continuation vote and buyback policy
You may have missed from Tuesday:
Drax to acquire Harmony Energy Income Trust in £199.9m all-cash deal
Strong year for Middlefield Canadian Income leaves it well positioned