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IN BRIEF: ICG Enterprise Trust beats benchmark, hikes interim dividend

25th Jan 2024 09:41

ICG Enterprise Trust PLC - London-based investor in "profitable, cash-generative" private companies, primarily in Europe and the US - Net asset value at October 31 is up 2.9% to 1,959 pence from 1,904p at July 31. NAV total return for the third quarter is 3.3%, outperforming the FTSE all-share index total return of negative 4.8% the previous year. Lifts interim dividend by 14% to 8p from 7p a year before. Aims for a minimum total dividend of 32p for the financial year ending January 31, up 6.7% from 30p in financial 2023.

Current stock price: 1,215.00 pence, up 1.8%

12-month change: up 4.9%

By Sabrina Penty, Alliance News reporter

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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