Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company advises that the Board has declared a second interim dividend in respect of the financial year ended 30 June 2019. The payment is 8.5 US cents per share.
The timetable for the interim dividend is as follows:
Ex-dividend date: 3 October 2019
Record date: 4 October 2019
Payment date: 18 October 2019
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
Avation welcomes shareholder questions and comments and advises the email address is: [email protected].
Notes to Editors:
Avation PLC is an aircraft leasing company, headquartered in Singapore, owning and managing a fleet of commercial passenger aircraft which it leases airlines around the world.
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.
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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.