6th Aug 2021 14:28
JPMorgan Claverhouse Investment Trust PLC - invests in income generating UK companies with a focus on those that provide consistent and growing dividends - Says its total net asset return rose 14% in the six months ended June 30, outperforming its benchmark return of 11% from the FTSE All-Share Index. Sees its net asset value per share climb 26% in the first half to 12.82 pence from 10.19p the year prior. Declares a second quarterly dividend of 7.00p for 2021. Issues its first 7.00p dividend on June 4, up 7.7% year-on-year from 6.50p at the same point in 2020.
"There remain good opportunities in the UK market and I would expect that the Investment Managers will continue to run a balanced portfolio which, in accordance with the company's investment objective, is capable of outperforming the benchmark index in the medium term and of maintaining the company's long record of dividend growth," says Chair Andrew Sutch.
Current stock price: 752.00 pence, down 0.8% on Friday afternoon
Year-to-date change: up 16%
By Scarlett Butler; [email protected]
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