22nd Jun 2023 09:43
Cordiant Digital Infrastructure Ltd - Guernsey-based investor in core digital infrastructure - Net asset value as at March 31 amounts to 113.36 pence per share, up 6.6% from 106.34p a year earlier. NAV total return is 21%, compared to 10% the year before. It declares an interim dividend of 2.0p per share for the six months ended on March 31. Total dividend for financial 2023 is 4.0 pence per share, up from 3p a year prior. Looking ahead, says it looks forward to the year ahead with confidence.
Chair Shonaid Jemmett-Page says: "I am pleased to report a strong overall performance by the company, despite a challenging year for the listed investment trust sector and global markets generally. The portfolio we have constructed is high quality with strong potential for growth, with predominantly blue-chip clients, and it is generating strong cash flows through long-term, largely inflation-linked contracts."
Current stock price: 77.50 pence each, up 0.7% on Thursday
12-month change: down 28%
By Xindi Wei, Alliance News reporter
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