GUERNSEY - Volta Finance Limited ( Euronext (EPA:ENX) Amsterdam:VTA, London Stock Exchange (LON:LSEG):VTAS), a structured finance company, has declared a quarterly interim dividend of €0.15 per share, with payment scheduled for January 16, 2025. This dividend distribution totals approximately €5.49 million, representing an annualized yield of 8% based on the company's current net asset value.
The company has announced that the ex-dividend date for this payment is set for December 12, 2024, and the record date for shareholders is December 13, 2024. Volta Finance has provided shareholders with the option to receive dividends in either Euros or Pounds Sterling. Shareholders will automatically receive dividends in Euros unless they have given instructions to the Registrar, Computershare Investor Services (Guernsey) Limited, to receive payments in Pounds Sterling. Instructions for currency election can be submitted via CREST or by using the Currency Election Form available on Volta Finance's website. The deadline for shareholders to make their currency election is noon on December 30, 2024.
Volta Finance is regulated by the Netherlands' Authority for the Financial Markets (AFM) and aims to preserve capital and provide a stable income stream to shareholders through regular dividend distributions. The company primarily invests in collateralized loan obligations (CLOs) and similar asset classes, with AXA Investment Managers Paris managing its investment portfolio.
This dividend declaration is part of Volta Finance's strategy to deliver consistent returns to its shareholders. The company's investment manager, part of AXA Investment Managers, manages over €844 billion in assets as of the end of December 2023. The information in this article is based on a press release statement from Volta Finance.
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