Shareholders have approved changes to the Martin Currie Asia Unconstrained trust to increase its dividend payment by introducing a distribution from capital.
Over 99% of voting shareholders supported the final dividend of 13.68p per ordinary share including 8.43p to be paid out of capital. The total annual dividend of 16.28p is an increase of over 110% on the previous financial year and represents a dividend yield of approximately 4.5%. Martin Currie Asia Unconstrained trust to amend dividend policy There are no other changes to the £141m trust or its investment objectives, which offers an unconstrained approach for investing in Asian markets. It has been managed by Andrew Graham since 2011 and has returned 39% over one year to 5 Jul...
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