UK Mortgages PLC October Dividend

UK Mortgages PLC, an investment fund that buys residential mortgages, managed by TwentFour Asset Management pays out its quarterly dividend.

https://twentyfouram.com/funds/uk-mortgages-fund/

The dividend is 1.5p a share on the 31st October (today)

http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/UKML/13393822.html

250,000,000 shares in issue:

Thus:

£0.015 x 250,000,000 = £3,750,000.00

That is £3.75million in dividends.

http://content.prnewswire.com/documents/PRNUK-1509171649-CA52_UKML_Factsheet_-_July_2017_CC.pdf

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