JPMorgan European Smaller Cos declares divi

JPMorgan European Smaller Companies reports a net asset value total return of 17.7% in the six months to 30 September compared with the benchmark total return of 16.1%.

Gross revenue return for the six months to 30 September was higher than the corresponding period in 2015 at £7.9 million (2015: £7.4 million), due mainly to exchange rate movements.

The board has decided to pay an interim dividend of 1.2 pence per share (2015: 1.2 pence) which will be paid on 4 January to shareholders on the register as at 2 December (the ex-dividend date will be 1 December).

At 9:28am: (LON:JESC) JPMorgan European Smaller Companies Trust PLC share price was +0.63p at 279.38p