Up to their usual standard both in the achievement during the year and also in the clarity of their reporting - well worth a read.
Financial Highlights ~:
7.9p Basic and diluted total return per share for the year ended 31 March 2019
5.0p Total tax-free dividend per share paid during the year ended 31 March 2019
79.0p Net asset value per share as at 31 March 2019
233.8p Total shareholder return since launch to 31 March 2019
6.5% Annualised return since launch (without tax relief)
Next dividend
and were able to do so because as the chairman said :the Board has declared a first dividend for the year ending 31 March 2020 of 2.50 pence per share to be paid on 31 July 2019 to shareholders on the register on 12 July 2019.
I am pleased to report that the results for the year to 31 March 2019 achieved a total return of 7.86 pence per share, which is a 10.3% return on opening net asset value per share. This is the fifth consecutive year the Company’s return has exceeded the dividend paid out of 5 pence per share per annum to shareholders.
and will be well attended cos it is a good event.The Annual General Meeting of the Company will be held at The Charterhouse, Charterhouse Square, London EC1M 6AN at noon on 21 August 2019.
These are their dividends paid over the past 23 years
Code: Select all
31 March 1997 2.00
31 March 1998 5.20
31 March 1999 11.05
31 March 2000 3.00
31 March 2001 8.55
31 March 2002 7.60
31 March 2003 7.70
31 March 2004 8.20
31 March 2005 9.75
31 March 2006 11.75
31 March 2007 10.00
31 March 2008 10.00
31 March 2009 10.00
31 March 2010 5.00
31 March 2011 5.00
31 March 2012 5.00
31 March 2013 5.00
31 March 2014 5.00
31 March 2015 5.00
31 March 2016 5.00
31 March 2017 5.00
31 March 2018 5.00
31 March 2019 5.00
Total dividends paid to 31 March 2019 154.80
Net asset value as at 31 March 2019 79.00
Total shareholder return to 31 March 2019 233.80
Hopefully they can continue in their winning ways.