Volta Finance declares quarterly interim dividend of €0.12 per share

Volta Finance Ltd (LON:VTA) has announced a fourth interim dividend for the financial year commencing 1 August 2019. 

The Company announces that it has declared a quarterly interim dividend of €0.12 per share payable on 22 January 2021 amounting to approximately €4.39 million, equating approximately to an annualised 8% of net asset value. The ex-dividend date is 17 December 2020 with a record date of 18 December  2020.

The Company has arranged for its shareholders to be able to elect to receive their dividends in either Euros or Pounds Sterling.   Shareholders will, by default, receive their dividends in Euros, unless they have instructed the Company’s Registrar, Computershare Investor Services (Guernsey) Limited, to pay dividends in Pounds Sterling.  Such instructions may be given to Computershare either electronically via CREST or by using the Currency Election Form which has been posted to shareholders and a copy of which is also available on the Volta Finance website www.voltafinance.com within the “Investors – Other Documents” section. The deadline for receipt of currency elections is 12:00 (midday) on 21 December 2020.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn

More articles like this

CLO refinancings surge as managers seek to sweeten deal terms

Refinancings and resets of U.S. collateralized loan obligations may notch a fresh record this year as risk premiums narrow, allowing portfolio managers to lock in better terms. Wall Street has increased estimates for the transactions with Deutsche Bank

CLO overview

The CLO market has once again proved to be resilient in the face of regulatory headwinds as it registered its second best year on record in terms of new issuance last year. Coupled with a huge volume of

Investment-grade CLOs’ rating outlook is stable

The Rating Outlook for Fitch-rated US collateralized loan obligations (CLOs), which are rated primarily investment grade, is Stable for 2021 due to robust loss protection and other structural features, Fitch Ratings says. In Europe, Fitch rates the entire

Understanding collateralized loan obligations

Overview: What Are CLOs? A CLO is a type of structured credit. Structured credit is a fixed-income sector that also includes asset-backed securities (ABS), residential mortgage-backed securities (RMBS), and commercial mortgage-backed securities (CMBS). CLOs purchase a diverse pool

CLO portfolios continue to show some resilience

MM entities showed resilience after being hit hard by the pandemic. Relative to BSL CLOs, MM CLOs’ liability structures typically close with higher tranche subordination, and the cushions on their junior overcollateralization (OC) ratio tests were no exception.

What are the pros of structured finance?

Structured finance is a set of complex transactions offered for financing purposes. In some cases, a financial institution may use these instruments to help increase equity financing use by businesses. A few common types of structured finance options include collateralized bond or