StockMarketWire.com - HgCapital Trust pulled its final dividend but said it would pay a second interim dividend, citing coronavirus-led economic uncertainty.
'In light of the current economic uncertainty and restrictions in movement caused by Covid-19, HgCapital Trust, today announces that the board has declared a second interim dividend of 3.0p per share in place of the final dividend of 3.0p a share announced with the annual results,' the company said.
The company also said it would no longer seek shareholder approval to pay a final dividend of 3.0p per share to shareholders on 15 May 2020.
'The board has decided to maintain total dividends paid in respect of 2019 by paying a second interim dividend instead of a final dividend as previously announced,' HgCapital said.
At 9:01am: [LON:HGT] Hg Capital Trust PLC share price was -3.5p at 224.5p
Story provided by StockMarketWire.com
Shares Magazine

Shares is the leading weekly publication for retail investors. It is packed with investment ideas, news and educational material to help build and run portfolios and get more from your money.
Investor Events

Shares puts on free Investor Events throughout the year across the country. They provide an opportunity for investors to learn more about companies on the stock market and hear from a range of investment experts including fund managers and Shares journalists.