JPMorgan Global Core Real Assets Ld Dividend Declaration (4409M)
January 21 2021 - 01:30AM
UK Regulatory
TIDMJARA TIDMJARU TIDMJARE
RNS Number : 4409M
JPMorgan Global Core Real Assets Ld
21 January 2021
LONDON STOCK EXCHANGE ANNOUNCEMENT
JPMORGAN GLOBAL CORE REAL ASSETS LIMITED
(the "Company")
DIVIDEND DECLARATION
Legal Entity Identifier: 549300D8JHZTH6GI8F97
Information disclosed in accordance with DTR 6.1.13
Fourth Quarterly Interim Dividend in respect of the year ending
28th February 2021
The Directors have declared a fourth quarterly interim dividend
of 1 penny per share in respect of the Company's financial year
ending 28th February 2021, to be paid on 25th February 2021 to
shareholders on the register as at the close of business on 29th
January 2021. The ex-dividend date will be 28th January 2021.
The manager notes the robust income generation from the
underlying portfolio, reflecting the muted impact, to date, of
COVID-19 related disruptions to revenue receipts. This speaks to
the strength of the underlying teams' investment approaches, the
diversified overall portfolio construction and the defensive nature
of the assets owned by the Company.
This declared dividend brings the forward yield on a constant
basis to 4.0 pence per share and as the portfolio approaches full
investment we expect the level of income to increase further and
the Board will assess the dividend levels, which in the absence of
unforeseen circumstances, it expects to be within the target range
of 4%-6% yield on issue price as set out in the Company's
prospectus.
21st January 2021
For further information:
Alison Vincent
JPMorgan Funds Limited
Company Secretary
020 7742 4000
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