International Biotechnology Trust Declares Second Interim Dividend of 15.67 Pence Per Share
核心洞察
International Biotechnology Trust PLC (搜索) declared a second interim dividend of 15.67 pence per ordinary share for the year ending 31 August 2026.
The dividend policy, approved at the December 2025 AGM, distributes 4% of net asset value through two equal semi-annual payments.
Combined with the first interim dividend of 15.64 pence, the total annual dividend reaches 31.31 pence per share, representing a 2.86% yield.
International Biotechnology Trust PLC (搜索) has declared its second interim dividend for the financial year ending 31 August 2026, the company announced on 6 July 2026.
The Directors declared a payment of 15.67 pence per ordinary share, following the first interim dividend of 15.64 pence paid on 23 January 2026. Together, these distributions bring the total annual dividend to 31.31 pence per share.
Dividend Policy and Yield
At the Annual General Meeting held on 12 December 2025, shareholders approved the Company's dividend policy of making payments equivalent to 4% of the Company's net asset value as at the last day of the preceding financial year (31 August 2025), distributed through two equal semi-annual payments.
As at 3 July 2026, the latest practicable date prior to the announcement, the annual dividend of 31.31 pence per share represented a yield of 2.86%, calculated with reference to the Company's closing share price of 1,095 pence on that day.
Block Listing Update
In a separate regulatory filing dated 3 July 2026, the Company also submitted its block listing six-monthly return, in accordance with UK Listing Rules requirements.
Enquiries regarding these announcements may be directed to Michelle Taiwo or Natalia de Sousa at Schroder Investment Management Limited.