Octopus Renewables declares second-quarter dividend

5th Aug 2024 07:15

(Sharecast News) - Octopus Renewables Infrastructure Trust (ORIT) declared an interim dividend of 1.51p per share for the period from 1 April to 30 June on Monday.

The London-listed firm said the dividend would be paid on 30 August to shareholders on the register as of 16 August, with the ex-dividend date set for 15 August.

It said the dividend was consistent with its target to deliver a total dividend of 6.02p per share for the financial year ending 31 December.

The company added that 55.6% of the second-quarter dividend is designated as an interest distribution for UK tax purposes.

At 1024 BST, shares in Octopus Renewables Infrastructure Trust were down 2.22% at 74.71p.

Reporting by Josh White for Sharecast.com.