LONDON - Duke Capital Limited (AIM: DUKE), known for its hybrid capital solutions for small and medium-sized enterprises (SMEs) in Europe and North America, has declared an interim dividend of 0.70 pence per share for the third quarter of its financial year. The company's Board approved the dividend, signaling a distribution of profits to its shareholders.
The ex-dividend date, which is the cutoff for eligibility to receive the dividend, is set for December 24, 2024. Shareholders on record as of December 27, 2024, will be entitled to the dividend, which is scheduled for payment on January 14, 2025.
Duke Capital has been active since 2017, offering what it describes as a 'corporate mortgage'—a form of long-term financing that aims to eliminate the need for frequent refinancing and facilitates a longer-term investment horizon without the pressure of short-term exits. The company's investment strategy is built on three pillars: capital preservation, attractive dividend yield, and upside potential upon exits.
This interim dividend announcement is part of Duke's commitment to providing returns to its shareholders. The company has consistently aimed to generate attractive risk-adjusted returns throughout different market cycles. Duke Capital is listed on the AIM market of the London Stock Exchange (LON:LSEG) and has its headquarters in Guernsey.
The information in this article is based on a press release statement from Duke Capital Limited.
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