Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company advises that the Board has declared an interim dividend of 2.00 US cents per share, from current period profits, based on the positive start to the financial period ending 30 June 2019.
The record date and timetable for this interim dividend are as follows:
Ex-dividend date: 13 December 2018 Record date: 14 December 2018 Payment date: 21 December 2018 Amount: 2.00 US cents
The Company confirms its desire to maintain a progressive dividend policy.
Recognising that the Company's functional currency is US Dollars (USD) and to reduce exchange rate risk, shareholders are reminded that dividend payments are declared in USD. Shareholders who prefer to receive dividends in British Pounds (GBP) can elect to receive GBP by completing a form that can be downloaded at www.avation.net/dividends.html
Jeff Chatfield, Executive Chairman
T: +65 6252 2077
Note to Editors:
Avation PLC is a commercial passenger aircraft leasing company, headquartered in Singapore, owning and managing a fleet of jet and turboprop aircraft which it leases to airlines across the world.
More information on Avation PLC can be seen at: www.avation.net
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
Create your account: sign up and get ahead on news and events
NO INVESTMENT ADVICE
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...
Avation PLC's (LON:AVAP) Richard Wolanski caught up with Proactive London's Andrew Scott following the release of the aircraft leasing company's full year results to June 2019.
The firm achieved both record revenues and profits and investors were rewarded with a bumper dividend pay-out too.