11th Nov 2019 17:36
(Alliance News) - Princess Private Equity Holding Ltd on Monday announced a second interim dividend of EUR0.29 for 2019.
The private equity firm said dividends for the full year total EUR0.58 per share, up 3.6% from EUR0.56 in 2018, equivalent to 5.3% of opening net asset value per share as of the end of 2018.
Princess Private Equity said this represents a dividend yield of 5.7% based on the closing share price of 10.20 EUR cents per share on Thursday last week.
The company said it continues to target an annualized dividend of 5% to 8% per annum.
Princess Private Equity shares closed 1.9% lower in London at EUR10.20 on Monday.
By Loreta Juodagalvyte; [email protected]
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