British Smaller Companies VCT Plc

Dividend re-investment scheme

The BSC Dividend Re-Investment Scheme (DRIS) provides investors a tax efficient way of building up their shareholding as an alternative to receiving dividends in cash.

  • Tax free dividends are re-invested in new shares at a 5% discount to the most recent Net Asset Value
  • Newly acquired shares attract 30% income tax relief

The chart below shows the returns received by investors over the last 5 years to 31 March 2020 based on an initial investment of £10,000. In each case the first bar shows the return of an investor receiving cash dividends and the second bar an investor choosing to re-invest their dividends under the terms of the DRIS, thereby receiving additional shares, additional dividends on those shares and the associated tax reliefs.

Terms and Conditions and Mandate Form

Registered Office of British Smaller Companies VCT plc: 5th Floor Valiant Building, 14 South Parade, Leeds LS1 5QS. Registered No: 03134749. Corporate Governance: A full section on corporate governance is available in the latest BSC Annual Report which can be found in the Investor Information section of this website. British Smaller Companies VCT plc is registered with the Financial Conduct Authority as a small registered UK AIFM, No. 659170.
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