9th Aug 2022 21:16
Diverse Income Trust PLC - invests in small- and medium-sized UK listed companies - In the year ended May 31, net asset value per share falls 6.6% year-on-year to 110.55 pence at the year-end, from 118.31p. Total NAV return, including dividends, for the year was minus 3.4%, underperforming a 4.7% return from Numis All-Share Index in the same period. Dividends total 3.90p, up 4% year-on-year from 3.75p, including the final proposed payout of 1.20p. Notes strong sector mix and low valuation of UK market, which it says may benefit from inflationary pressures, and prove attractive to investors going forward. Read More