Invesco Select Trust Plc Dividend Declaration
14 July 2023 - 2:42AM
UK Regulatory
TIDMIVPU TIDMIVPM TIDMIVPG TIDMIVPB
Invesco Select Trust plc
LEI: 549300JZQ39WJPD7U596
Headline: Declaration of Quarterly Interim Dividends and Special Dividend
The Directors have declared first quarterly interim dividends and a special
dividend for the year ending 31 May 2024 as follows. These dividends are
payable on 15 August 2023 to shareholders on the register on 21 July 2023. The
shares will be marked ex-dividend on 20 July 2023.
+-------------+-----------------------+---------------------------------+
|Share Class |First Quarterly Interim|Special Dividend Amount per Share|
| |Dividend Amount per | |
| |Share | |
+-------------+-----------------------+---------------------------------+
|UK Equity |1.60p |- |
|Shares | | |
+-------------+-----------------------+---------------------------------+
|Global Equity|1.60p |- |
|Income Shares| | |
+-------------+-----------------------+---------------------------------+
|Balanced Risk|1.00p |2.00p |
|Allocation | | |
|Shares | | |
+-------------+-----------------------+---------------------------------+
|Managed |1.00p |- |
|Liquidity | | |
|Shares | | |
+-------------+-----------------------+---------------------------------+
These dividends each represent an increase of 0.10p and 0.05p per share
respectively over the first interim dividends for the UK Equity and Global
Equity Income Shares paid for the year ending 31 May 2023.
In expectation of higher levels of income being received by the Balanced Risk
Allocation Portfolio, due to the current interest rate environment, the
Directors have declared a special dividend of 2.00p per share, in addition to an
interim dividend of 1.00p per share, making a total dividend of 3.00p per share
payable for the Balanced Risk Allocation Shares.
Dividend Policy
For the year ending 31 May 2024, the Board will target at least maintaining the
dividend level from year to year for each of the UK Equity and Global Equity
Income Shares. Depending on the level of income received in the relevant
quarters, the quarterly dividends for each share class may be enhanced with
contributions from capital. Typically, the first three interim dividends will
be equal in size with a final fourth interim dividend that has the potential to
be increased. The Directors only intend to declare dividends on the Balanced
Risk Allocation Shares and Managed Liquidity Shares annually when the level of
income allows and having taken into account the dividends paid on the other
Share classes.
Invesco Asset Management Limited
Corporate Company Secretary
13 July 2023
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