Troy Income & Growth Trust plc

To:                   RNS

From:              Troy Income & Growth Trust plc

LEI:                 213800HLNMQ1R6VBLU75

Date:               24 June 2020

Dividend Declaration

The Board of Troy Income & Growth Trust plc has declared a third interim dividend of 0.695p per share (2019 - 0.685p per share) in respect of the year to 30 September 2020 payable on 24 July 2020 to shareholders on the register at the close of business on 3 July 2020.

As explained in the Interim Report, it is the Board's intention to maintain the current quarterly dividend rate of 0.695p per share for the remainder of the current financial year (i.e. the fourth interim dividend will, in the absence of unforeseen circumstances be 0.695p per share). However, because of the present economic disruption, it is almost certain that the Board will then seek to reduce the dividend to a sustainable level from which its growth can resume. This is likely to be with effect from the beginning of the next financial year but will depend on the outlook at the time.

All enquiries

PATAC Limited (Company Secretary)
Tel: 0131 538 1400