TCAP – no Final Dividend

[Vincent Haines]

Was hoping for some sort of dividend from TCAP in May or thereabouts, but alas no, they’re not paying a divi until the interim in November 🙁

[Stephen Bland]

In effect there has been a final dividend from TCAP but they call it the “second interim” paid on 13 January. However former IAP investors who now hold TCAP were not entitled to this under the terms of the deal, so it’s not a surprise. As you mention, the first dividend from TCAP for these holders will be the interim for the six months to 30 June 2017, payable in November.

[Author]

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