Dividends
Our dividend policy
We’ve paid our investors a rising dividend for 57 consecutive years and counting. Giving you that level of reliability is something we’re extremely proud of, and that only two other investment trusts have managed. So we’re determined to keep it up – aiming to increase the dividend year on year.1
To help us achieve this, we carefully manage the Trust’s returns. When we have higher levels of income for instance, we might hold some of it back to fund a future dividend. Or we might pay a special dividend as a kind of bonus.
This steady approach has caught the Association of Investment Companies (AIC) attention too, who have given us their Dividend Hero investment company award.2 Plus, it’s worth bearing in mind that this dividend is in addition to any capital growth.
1. Rising dividends are not guaranteed.
2. Source: https://www.theaic.co.uk/income-finder/dividend-heroes.
Dividend Calculator
Value in action
Our chart shows you what we’ve achieved for investors so far. For example: if you’d invested £100 at the start of 1968. By 2023, you’d have £28,755 if you reinvested your dividends. Or £6,619 from your dividends alone.
Proposed Dividends
Typically, we pay dividends at the end of each quarter and proposed dates for this year are:
| Dividend period | Type | Payment date* | Ex-dividend | Amount/share |
| First Quarter | Interim Ordinary | 28 June 2024 | 30 May 2024 | 6.62p |
| Second Quarter | Interim Ordinary | 27 September 2024 | 29 August 2024 | |
| Third Quarter | Interim Ordinary | 27 December 2024 | 28 November 2024 |
*Proposed dividend payment dates are for the financial year to 31 December 2024 and are on or around the dates listed.
Current Dividend History
Reinvesting your dividends
Build up your shares in Alliance Witan through our Dividend Reinvestment Plan (DRIP). It’s easy to use, letting you reinvest your cash dividends back into the trust.