Keystone Investment Trust plc
Headline: Final Dividend and Special Dividend
The Board has declared a final dividend of 28p per share (2007: 27p), giving a
total dividend for the year of 45.5p per share, compared with 44p last year, an
increase of 3.4%.
Based on the share price at year-end, this total dividend represents a dividend
yield of 4.5%. While the primary objective of the Company is long-term growth
of capital, the Board will continue to pay attention to the importance of
dividend to some of the Company's shareholders. This emphasis is in tune with
the Manager's focus on investing in companies which can maintain and increase
dividends. Earnings per share in this year were 57.4p (2008: 50.4p).
The dividend will be paid on 22 December 2009 to shareholders on the register
on 20 November 2009.
In addition, a special dividend representing VAT reclaimed will be paid. The
Company has now received all VAT refunds. These total £2,416,000, together with
interest receivable of £640,000. These amounts added 22.4p per share to the net
asset value. The revenue portion of this reclaimed VAT, 11.1p per share, will
be paid as a special dividend on 22 December 2009 to shareholders on the
register on 20 November 2009.
Kerstin Rucht
for and on behalf of
Invesco Asset Management Limited
12 November 2009
END
