Dividends are usually paid twice a year. An interim in January for the six months to 30 September; and a final in summer for the year to 31 March.
Dividend investment scheme
All of our Northern VCTs offer dividend investment schemes, which enable shareholders to have their dividends automatically re-invested in new shares rather than being paid in cash. There are no dealing costs and the amount re-invested is eligible for up-front income tax relief at the rate currently applicable to new VCT subscriptions.
You may join the scheme or amend your current participation in the scheme by completing and returning a scheme mandate form. If you need further information about the scheme, please contact Wendy Arkle on 0191 244 6024 or email wendy.arkle@nvm.co.uk.
Completed mandate forms must be returned to Equinti Limited at the address provided on the mandate form so that they are received no later than ten business days before a dividend payment date in order to participate in or withdraw from the dividend investment scheme in respect of that dividend payment.
Dividend payment methods
You may arrange to have dividends paid directly to your bank account by completing a dividend mandate form.
The following chart show the net asset value and dividends (including proposed final dividends) declared in respect of each of the past five financial years on a cumulative basis since inception.
