The Board of Montanaro UK Smaller Companies Investment Trust PLC announced a significant increase in its future dividend distributions resulting from the company's revised dividend policy. The company intends to pay a regular quarterly dividend: Equivalent to 1% of the company's NAV on the last business day of the preceding financial quarter, being the end of March, June, September and December. The revised dividend policy will be effective from the financial quarter ending 30 September 2018. The company's dividends will be funded out of capital reserves to the extent that current year revenue and revenue reserves are insufficient. Under the revised dividend policy, the company's dividends would approximate to 4% of the average NAV over the year, a significant increase from the company's previous annual dividend distributions.