DirectorsTalk caught up with Robert Ware, non-executive chairman of Marwyn Value Investors Ltd (LON: MVI) following the company’s most recent dividend announcement on 29 July 2021. Robert commented:
“I’m delighted to note the 2.265p interim dividend which we announced on 29 July. This is in line with our commitment to pay this level of dividend every quarter and implies an annualised yield of 7.8% based on a share price of 116p.
This is reflective of the distribution policy applicable to the Company’s ordinary shareholders, whereby in addition to the dividend referred to above, we are also committed to distributing 50% of net capital gains to the extent this has not been covered by dividends and share buybacks.
Since the implementation of this policy in November 2013, a total of £66.0 million has been returned to ordinary shareholders.”
Marwyn Value Investors Ltd has announced that an interim dividend of 2.265p per Ordinary Share will be paid on 27 August 2021, pursuant to the Company’s ordinary share distribution policy.
The payment of the interim dividend to eligible holders of Ordinary Shares will be effected through CREST (in the case of holders of depository interests relating to the Ordinary Shares) or by BACS/cheque (in the case of Ordinary Shares held in certificated form).
Marwyn Value Investors Limited (MVI) creates alternative SPAC vehicles to execute buy and build strategies led by exceptional management teams. The company was created on 18th April 2008, through the merging of Marwyn Value Investors Limited with Marwyn Value Investors II Limited. It launched as a closed-ended investment company on the London Stock Exchange on 8th December 2008, on the Specialist Fund Market – a fully regulated market for professional, institutional and sophisticated investors