May 14, 2018 / 6:24 AM / 4 months ago

BRIEF-Scottish Mortgage Investment Trust Plans 1.68p Final Dividend

May 14 (Reuters) - Scottish Mortgage Investment Trust PLC :

* SAYS TO PAY A MODESTLY INCREASED DIVIDEND FROM A COMBINATION OF EARNINGS, REMAINDER OF REVENUE RESERVE AND CAPITAL RESERVE.

* SAYS RECOMMENDS A FINAL DIVIDEND OF 1.68 P/SHARE, PROVIDING A TOTAL DISTRIBUTION FOR YEAR OF 3.07 PENCE PER SHARE, A YEAR-ON-YEAR INCREASE OF JUST OVER 2 PERCENT.

* SAYS FY ONGOING CHARGES RATIO FELL TO 0.37 PERCENT, DOWN FROM 0.44 PERCENT IN THE PREVIOUS YEAR. Source text for Eikon: Further company coverage: (Reporting By Simon Jessop)

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