7th Jun 2023 10:43
abrdn Diversified Income & Growth Trust PLC - Edinburgh-based investor across asset classes aiming for reliable income and growth - Reports NAV fall of 1.4% for half-year ended March 31 to 115.93 pence per share, from 117.63p at September 30, which the company says reflects uncertainties over asset valuations. NAV total return amounts to 2.2%, up from 1.2% at September 30. abrdn Diversified declares an interim dividend of 1.42 pence per share, up from 1.40p at the same point last year.
"We remain mindful of the challenges ahead and your board together with the manager review positioning on a regular basis and continue to work to grow the NAV and narrow the wide discount that the shares stand at to that NAV," said Chair Davina Walter.
Current stock price: 86.00 pence
12-month change: down 14%
By Will Neill, Alliance News reporter
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