BT Investment Management prices interim dividend payable July

Company News

by Jessica Amir

BT Investment Management (BTIM) (ASX:BTT) says the allocation price for its Dividend Reinvestment Plan will be $11.21.

The fund manager’s allocation price applies to its 2017 interim dividend payable on 5 July 2017.

BT Investment Management expects to allocate 278,173 new shares as part of the DRP on 5 July 2017.

After the allocation, the total number of ordinary shares on issue will be 314,998,793.

Shares in BT Investment Management (BTIM) (ASX:BTT) last traded 1.23 per cent higher to $11.50.

Jessica Amir

Finance News Network
Jessica joined FNN in January 2017 after having worked in financial advising for seven years and in TV journalism for seven years, specialising in finance, equities and analysis. She has interviewed former Prime Ministers of Australia, Tony Abbott, Julia Gillard and Kevin Rudd and ex Treasurer Jo Hockey. Jessica has worked as a journalist with Sky News Business, ABC 1, ABC's The Business, ABC24 and has also been a regional Channel 7 and 9 TV reporter with Prime7 and Win News.