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Volta Finance ( (NL:VTA) ) has shared an update.
Volta Finance Limited has announced a quarterly interim dividend of €0.155 per share, amounting to approximately €5.6 million, which equates to an annualized 8.27% of its net asset value. This decision reflects the company’s commitment to providing stable income to its shareholders. Shareholders can choose to receive their dividends in Euros or Pounds Sterling, with the default being Euros. This move is part of Volta Finance’s strategy to maintain shareholder value and reflects its strong financial position in the structured finance market.
More about Volta Finance
Volta Finance Limited is a company incorporated in Guernsey, listed on Euronext Amsterdam and the London Stock Exchange’s Main Market. It focuses on preserving capital and providing stable income to shareholders through quarterly dividends, primarily investing in CLOs and similar asset classes. The company is managed by AXA Investment Managers Paris, which specializes in structured credit.
For an in-depth examination of VTA stock, go to TipRanks’ Overview page.