Alliance Trust Declares 2.065P First Interim Dividend >ATST.LN

24th Jun 2010 07:56

LONDON (Dow Jones)--Alliance Trust PLC (ATST.LN) said Thursday it has declared a first interim dividend of 2.0625 pence per share payable Aug. 2 and expects to recommend further quarterly interim dividends of the same amount which will payable on Nov. 1, Jan. 31, 2011, and May 3, 2011. MAIN FACTS: -Board is confident that the dividend will be covered by current year earnings and doesn't expect to draw down on reserves in order to pay its 44th consecutive annual dividend increase. -Shares closed Wednesday at 317.7 pence valuing the company at GBP2.1 billion. -By Ian Walker, Dow Jones Newswires; 44-20-7842-9296; [email protected] (END) Dow Jones Newswires June 24, 2010 02:56 ET (06:56 GMT)