Kinetic Growth Fund Ltd has declared an interim dividend of 2 cents per share.
A release on the South Pacific Stock Exchange states, the Fund’s shares will be marked ex-benefit on July 6th, with the close of register on July 16th.
The dividend will be paid on July 24th and may be re-invested into new KGF shares under a Dividend Reinvestment Plan.
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KGF Chair, Erik Larson says that KGF was pleased to reinstate a dividend.
He noted that it reflected the continued performance of the Fund as highlighted in today’s management report at the AGM.
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