Witan's objective is long term growth in capital and income. The Company's dividend policy is that the annual rate of growth in dividends per share should be greater than inflation as measured by the UK Consumer Price Index ("CPI").
While growth in income cannot be guaranteed, Witan Investment Trust has grown the dividend it pays to investors each year for 44 years but please be aware that past performance is not a guide to future performance and see here for a history of Witan’s performance.
Witan pays out an income to its shareholders, through quarterly dividends in March, June, September and December. The dividend schedule below details the amount paid per share each quarter. Witan are proud to be one of the Association of Investment Companies (AIC) dividend heroes - investment companies that have successfully increased their dividend each year for at least 20 years. Watch the AIC’s video below to see what this means to you.
Please see here to access Witan’s dividend history.
|Ex-Dividend Date||Pay Date||Dividend Type||Amount Dividend payable per share|
|22/08/2019||18/09/2019||2nd Interim 2019||1.175p|
||24/06/2019||1st Interim 2019||1.175p*|
|28/02/2019||21/03/2019||4th Interim 2018||7.75p|
|22/11/2018||18/12/2018||3rd Interim 2018||5.25p|
|23/08/2018||18/09/2018||2nd Interim 2018||5.25p|
|17/05/2018||18/06/2018||1st Interim 2018||5.25p|
|01/03/2018||29/03/2018||4th Interim 2017||6.75p|
|16/11/2017||18/12/2017||3rd Interim 2017||4.75p|
|24/08/2017||18/09/2017||2nd Interim 2017||4.75p|
* Following approval at the Annual General Meeting on 1 May 2019, there was a five for one split of the Company's shares, with effect from 28 May 2019. The effect of the share split is that shareholders now own five shares in place of every share they held prior to the split. This makes no difference to the value of shareholdings as the share price, net asset value per share and dividend per share are now a fifth of the level prevailing the day before the split. For example, shareholders who owned 1,000 shares before the split now own 5,000 shares and the price of each share which, as at 31 May 2019, was 205p equates to a pre-split price of 1025p, representing in both cases a value of £10,250.