Law Debenture (LWDB) - 1st Quarter Dividend
Posted: May 24th, 2023, 3:13 pm
Law Deb declared their 1st quarter dividend yesterday, and at 7.625p it delivers a welcome 5.17% increase on last year's equivalent Q1 dividend of 7.25p.
When LWDB set the level of Q1 dividends, they are in fact declaring the first three interim quarterly dividends, as their usual calculation method uses the following approach -
It is the Board's intention for each of the first three interim dividends for 2023 to be equivalent to a quarter of Law Debenture's total 2022 dividend of 30.50 pence per ordinary share.
https://www.investegate.co.uk/announcement/7541643
The LWDB Q1 interim dividend of 7.625p will be paid on July 6th 2023, with an ex-dividend date of June 1st.
Cheers,
Itsallaguess
When LWDB set the level of Q1 dividends, they are in fact declaring the first three interim quarterly dividends, as their usual calculation method uses the following approach -
It is the Board's intention for each of the first three interim dividends for 2023 to be equivalent to a quarter of Law Debenture's total 2022 dividend of 30.50 pence per ordinary share.
https://www.investegate.co.uk/announcement/7541643
The LWDB Q1 interim dividend of 7.625p will be paid on July 6th 2023, with an ex-dividend date of June 1st.
Cheers,
Itsallaguess