ZDP share 8,500,000 , ZDP shares are held in a subsidiary and have a redemption date of 8 January 2018

The Company’s investment manager is Chelverton Asset Management Limited.

skin looking good worth a long term hold.

The Company has today declared a fourth interim dividend and Special Dividend
in respect of the year 1 May 2013 to 30 April 2014.

The fourth interim dividend of 2.40p per Ordinary share will be paid on 10 July
2014 to the holders of Ordinary shares on the register at 27 June 2014, with an
ex-dividend date of 25 June 2014.

The Special Dividend of 2.75p shall be paid on 10 July 2014 to holders of
Ordinary shares on the register at 27 June 2014, with an ex-dividend date of
25 June 2014.

The Company announces:

Total Assets (including unaudited revenue reserves at 20 June 2014)
of £41.08m

Net Assets (including unaudited revenue reserves at 20 June 2014) of £31.63m

The Net Asset Value (NAV) at 20 June 2014 was:

Number of shares in issue
Per Ordinary share (bid price) - including unaudited current period revenue* 191.13p 16,550,000
Per Ordinary share (bid price) - excluding current period revenue* 182.60p
Ordinary share price 190.75p
Discount to NAV (0.20)%
Ordinary shares have an undated life

ZDP share 111.14p 8,500,000
ZDP shares are held in a subsidiary and have a redemption date
of 8 January 2018

*Current period revenue covers the period 01 May 2013 to 20 June 2014, including
a one off special dividend from Avesco PLC of £500,500 equivalent to 3.02 pence
per Ordinary share.

Net Assets Values


The Company announces:

Total Assets (including unaudited revenue reserves at 30 September 2014)
of £39.89m

Net Assets (including unaudited revenue reserves at 30 September 2014) of £30.26m

The Net Asset Value (NAV) at 30 September 2014 was:

Number of shares
in issue
Per Ordinary share (bid price) - including
unaudited current period revenue* 182.81p 16,550,000
Per Ordinary share (bid price) - excluding
current period revenue* 180.78p
Ordinary share price 163.00p
Discount to NAV (10.84)%
Ordinary shares have an undated life

ZDP share 112.96p 8,500,000
ZDP shares are held in a subsidiary and have a redemption date
of 8 January 2018

*Current period revenue covers the period 01 May 2014 to 30 September 2014




Top 20 Holdings as at 30 September 2014 was:



Name of company % of portfolio

1 Marshalls 2.53
2 GVC Holdings 2.50
3 Acal 2.48
4 KCOM Group 2.38
5 Alumasc Group 2.22
6 Stadium Group 2.18
7 Jarvis Securities 2.18
8 Braemar Shipping 2.18
9 Marstons 2.04
10 Connect Group 1.97
11 Go-Ahead Group 1.92
12 Town Centre Securities 1.91
13 Avesco Group 1.90
14 Shoe Zone 1.90
15 Tritax Big Box 1.90
16 Wilmington Group 1.90
17 St Ives 1.88
18 Personal Group 1.85
19 Chesnara 1.79
20 MacFarlane Group 1.74

Balance held in 56 holdings 58.65
100.00

cheers

Net Asset Value(s)

SMALL COMPANIES DIVIDEND TRUST PLC

The Company announces:

Total Assets (including unaudited revenue reserves at 24 October 2014) of £38.86m

Net Assets (including unaudited revenue reserves at 24 October 2014) of £29.22m

The Net Asset Value (NAV) at 24 October 2014 was:

Number of shares in issue 16,550,000
Per Ordinary share (bid price) - including unaudited current period revenue* 176.56p
Per Ordinary share (bid price) - excluding current period revenue* 173.59p
Ordinary share price 159.00p
Discount to NAV (9.95)%
Ordinary shares have an undated life

ZDP share 113.39p 8,500,000
ZDP shares are held in a subsidiary and have a redemption date of 8 January 2018

*Current period revenue covers the period 01 May 2014 to 24 October 2014

Dividend Declaration

DIVIDEND DECLARATION

The Company has today declared a second interim dividend in respect of the year
1 May 2014 to 30 April 2015.

A second interim dividend of 1.575p per Ordinary share will be paid on
9 January 2015 to the holders of Ordinary shares on the register at 12 December
2014, with an ex-dividend date of 11 December 2014.

It is the Board's intention, over time, to move the dividend profile gradually
to a position where the four interim dividends paid are equal. This will be
achieved by maintaining the fourth interim dividend at the same level and
increasing the first, second and third dividends in future years to reflect
earnings.

Net Asset Value(s)

Total Assets (including unaudited revenue reserves at 05 December 2014)
of £39.97m

Net Assets (including unaudited revenue reserves at 05 December 2014) of £30.26m

The Net Asset Value (NAV) at 05 December 2014 was:

Number of shares in issue 16,550,000
Per Ordinary share (bid price) - including
unaudited current period revenue* 182.87p
Per Ordinary share (bid price) - excluding
current period revenue* 178.81p
Ordinary share price 163.00p
Discount to NAV (10.87)%
Ordinary shares have an undated life

ZDP share 114.15p 8,500,000
ZDP shares are held in a subsidiary and have a redemption date of 8 January 2018

*Current period revenue covers the period 01 May 2014 to 05 December 2014

Half-yearly report

NAV _________

Net Asset Value(s)

Released 17:39 03-Jun-2015



Small Companies Dividend Trust PLC

The Company announces:

Total Assets (including unaudited revenue reserves at 31/05/2015) of £44.68m

Net Assets (including unaudited revenue reserves at 31/05/2015) of £34.7m

The Net Asset Value (NAV) at 31/05/2015 was:

Number of shares in issue:

Per Ordinary share (bid price) - including unaudited 209.66p 16,550,000
current period revenue*

Per Ordinary share (bid price) - excluding current 204.43p
period revenue*

Ordinary share price 175.00p

Discount to NAV (16.53)%

Ordinary shares have an undated life

ZDP share 117.42p 8,500,000

ZDP share price 125.25p

Premium to NAV 6.67%

ZDP shares are held in a subsidiary and have a redemption date of 08/01/2018

*Current period revenue covers the period 01/05/2014 to 31/05/2015




Name of company % of portfolio

1 Acal Plc Ordinary 5p 2.71

2 Clarke (T.) Plc Ordinary 10p 2.66

3 Connect Group Plc Ordinary 5p 2.44

4 Dairy Crest Group Plc Ordinary 25p 2.35

5 Braemar Shipping Services Plc GBp 10 2.29

6 Avesco Group Plc Ordinary 10p 2.25

7 Alumasc Group (The) Plc Ordinary 2.23 12.5p

8 Kcom Group Plc Ordinary 10p 2.21

9 Wilmington Plc Ordinary 5p 2.12

10 GVC Holdings Plc Common EUR0.01 2.11

11 Marston's Plc Ordinary 7.375p 2.11

12 Epwin Group Plc Ordinary 10p 2.10

13 Intermediate Capital Group Plc 2.06
Ordinary 20p

14 Town Centre Securities Plc REIT 25p 2.04

15 Moss Bros Group Plc Ordinary 5p 1.96

16 DX Group Plc GBP0.01 1.84

17 Stadium Group Plc Ordinary 5p 1.80

18 Macfarlane Group Plc Ordinary 25p 1.73

19 Personal Group Holdings Plc Ordinary 1.65 5p

20 St.Ives Plc Ordinary 10p 1.65

Dividend Declaration

SMALL COMPANIES DIVIDEND TRUST PLC

The Company has declared a fourth interim dividend and Special Dividend in
respect of the year 1st May 2014 to 30th April 2015.

A fourth interim dividend of 2.40p per Ordinary share will be paid on 3rd July
2015 to the holders of Ordinary shares on the register at 26th June 2015, with
an ex-dividend date of 25th June 2015.

The Special Dividend of 0.30p shall be paid on 3rd July 2015 to holders of
Ordinary shares on the register at 26th June 2014, with an ex-dividend date of
25th June 2015.

luv it cheers skinny

Yes - high of the year+ yesterday and still trading at a NAV discount.

NAV _________

Net Asset Value(s)

The Company announces:

Total Assets (including unaudited revenue reserves at 07/08/2015) of £45.94m

Net Assets (including unaudited revenue reserves at 07/08/2015) of £35.85m

The Net Asset Value (NAV) at 07/08/2015 was:

Number of shares in issue:

Per Ordinary share (bid price) - 216.61p 16,550,000
including unaudited current period revenue*

Per Ordinary share (bid price) - 212.73p
excluding current period revenue*

Ordinary share price 180.50p

Discount to NAV (16.67)%

Ordinary shares have an undated life


ZDP share 118.70p 8,500,000

ZDP share price 125.13p

Premium to NAV 5.41%

ZDP shares are held in a subsidiary and have a redemption date of 08/01/2018


*Current period revenue covers the period 01/05/2014 to 07/08/2015


Name of company % of portfolio


1 Avesco Group Plc Ordinary 10p 3.34

2 Clarke (T.) Plc Ordinary 10p 2.53

3 Connect Group Plc Ordinary 5p 2.52

4 Jarvis Securities Plc Ordinary 1p 2.33

5 Alumasc Group (The) Plc Ordinary 2.29
12.5p

6 Kier Group PLC Ordinary 1p 2.23

7 Kcom Group Plc Ordinary 10p 2.13

8 Braemar Shipping Services Plc GBp 2.09
10

9 Dairy Crest Group Plc Ordinary 25p 2.01

10 Town Centre Securities Plc REIT 25p 2.01

11 Wilmington Plc Ordinary 5p 1.99

12 Acal Plc Ordinary 5p 1.94

13 Marston's Plc Ordinary 7.375p 1.91

14 GVC Holdings Plc Common EUR0.01 1.91

15 Games Workshop Group Plc Ordinary 1.85
5p

16 DX Group Plc GBP0.01 1.84

17 Macfarlane Group Plc Ordinary 25p 1.80

18 Stadium Group Plc Ordinary 5p 1.76

19 Brown (N) Group Ordinary 11.052p 1.74

20 Hansard Global Plc Ordinary 0.5p 1.73

Dividend Declaration

SMALL COMPANIES DIVIDEND TRUST PLC

INTERIM DIVIDEND

The Company has today declared a first interim dividend in respect of the year 1 May 2015 to 30 April 2016.

A first interim dividend of 1.70p per Ordinary share will be paid on 5 October 2015 to the holders of Ordinary shares on the register at 25 September 2015, with an ex-dividend date of 24 September 2015.

18 month high @193.50p.

NAV on the up again.

NAV _________

nice