May 16, 2019 / 6:18 AM / 10 days ago

BRIEF-Scottish Mortgage proposes final dividend of 1.74 p/share

May 16 (Reuters) - Scottish Mortgage Investment Trust PLC :

* SAYS BOARD DOES NOT ANTICIPATE MAKING ANY CHANGES TO LIQUIDITY POLICY OVER COMING YEAR

* SAYS BOARD WILL CONTINUE TO KEEP LEVEL OF GEARING UNDER REVIEW.

* SAYS BOARD HAS DECIDED NOT TO CHANGE CURRENT DIVIDEND POLICY

* SAYS BOARD PROPOSES PAYING A FINAL DIVIDEND OF 1.74 PENCE WHICH, TOGETHER WITH INTERIM DIVIDEND, WOULD GIVE A TOTAL OF 3.13 PENCE PER SHARE FOR YEAR

* SAYS AS COMPANY’S REVENUE EARNINGS FOR YEAR ARE INSUFFICIENT TO COVER ENTIRE DIVIDEND, BALANCE IS PAID FROM REALISED CAPITAL RESERVES Source text for Eikon: Further company coverage: (Reporting By Simon Jessop)

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