Invesco Income Growth Trust plc announced that Chris Hills has indicated his intention to retire from the Board at the conclusion of the AGM in 2016.

The company recommended a final dividend of 3.75 pence per share, which together with aggregate interim dividends paid of 6.35 pence, gives a total dividend per share for the year of 10.10 pence compared with 9.85 pence in the year 2014, an increase of 2.5%. If approved by shareholders, the final dividend will be paid on 27 July 2015 to shareholders on the register on 26 June 2015.

The company announced audited earnings results for the year ended 31 March 2015. For the year, the company reported net return before finance costs and taxation was GBP 17,526,000 against GBP 21,465,000 a year ago. Return on ordinary activities before and after tax was GBP 17,342,000 or 29.6 pence per basic share against GBP 21,243,000 or 36.3 pence per basic share a year ago. Net debt as on 31 March 2015 was GBP 14,938,000 against GBP 16,867,000 as on 31 March 2014. Cash inflow from operating activities was GBP 5,985,000 against GBP 6,188,000 a year ago. Net asset value per ordinary share was 309.2 pence as on 31 March 2015 against 289.5 pence as on 31 March 2014.