17th Dec 2020 07:02
Finsbury Growth & Income Trust PLC - invests in UK-listed companies - Reports net asset value per share of 846.2 pence as at September 30, down from 935.6p the year prior. Its NAV per share total return as at September 30 was negative 7.7%, outperforming its benchmark, the FTSE All-Share Index, at negative 16.6%, despite Covid-19 and Brexit challenges. Maintains a full-year dividend of 16.6p per share, unchanged from the year before.
Looking ahead, the company says it will continue to invest in high quality companies that own both "durable and cash generative brands" to deliver strong investment returns to shareholders over the longer term.
Says Chair Anthony Townsend is to retire at the end of the 2021 annual general meeting and is to be replaced by Simon Hayes. Sandra Kelly is to be appointed senior independent director at the conclusion of the 2021 AGM.
Current stock price: 869.00 pence
Year-to-date change: down 3.4%
By Zoe Wickens; [email protected]
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