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IN BRIEF: Maven Income & Growth net asset value dips in year

4th Jun 2021 17:48

Maven Income & Growth VCT PLC - investment firm - Reports net asset value per share at February 28 of 44.41 pence, down from 46.35p a year ago, after dividend payments totalling 3.00p per share during the year. Proposes final dividend of 1.00p. "Despite the economic disruption experienced during the year, it is encouraging to report that your company has continued to make positive progress, with NAV total return increasing to 144.32p per share. This reflects the strength and resilience of the investee portfolio, where most companies successfully adjusted their business models to enable them to continue to operate under the lockdown restrictions," it says.

Current stock price: 42.49p

Year-to-date change: up 6.0%.

By Lucy Heming; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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