30 January 2023
CVC Income & Growth Limited (the "Company")
(a closed-ended investment company incorporated in Jersey with registration number 112635)
Registered Office: IFC 1, The Esplanade, St Helier, Jersey, JE1 4BP
Dividend Declaration - Dividend Increase
The information contained within this announcement constitutes inside information.
The Board of Directors of the Company has declared a dividend of 2.5p per ordinary Sterling Share and 1.75c per ordinary Euro Share. These amounts reflect an uplift to the previously indicated quarterly dividend of 1.5p per Sterling ordinary share / 1.5c per Euro ordinary share announced by the Company on 21 September 2022.
Richard Boléat, Chair of the Company, commented:
"The Company's underlying portfolio continues to produce increasingly high levels of cash income, as indicated in the recent newsletter published on 27 January 2023. As a result, the Company has received supplementary income distributions from the Investment Vehicle which enable it to increase its dividend distributions in respect of the fourth quarter of 2022 beyond the level previously indicated to shareholders. At the current share prices, this represents a 2022 annual dividend yield of 7.45% / 7.35% for the Sterling and Euro share classes respectively.
The Board of Directors is currently reviewing the level of the Company's quarterly dividends in the light of the significantly elevated cash yield being produced by the Investment Vehicle's underlying portfolio, and any changes will be announced once that review is complete."
The dividend will be payable on 3 March 2023 to shareholders on the register as at the close of business on 10 February 2023 (the record date) and the corresponding ex-dividend date will be 9 February 2023.
The person responsible for arranging for the release of this announcement on behalf of the Company is Melissa Le Cheminant of BNP Paribas S.A., Jersey Branch, Company Secretary.
CVC Income & Growth Limited: +44 (0)1534 625 522
BNP Paribas S.A., Jersey Branch: +44 (0)1534 813873
 Share prices £0.94, €0.85 as at close of business on 27 January 2023