18th Aug 2022 12:00
Sherborne Investors (Guernsey) C Ltd - closed ended investment company - As at June 30, 2022, net asset value per share was 66.29 pence, down 17% from 79.67p the same date a year before and 82.93p at the end of December. Declares interim dividend of 0.5p per share. Intends to pay further 0.5p dividend after full year results.
"The directors have considered the impact to the company, as well as to [US student loan company] Navient Solutions LLC's stock price, of the current economic environment, including the current interest rates and inflationary environment, and have concluded that there is no impact on the going concern. The consideration also factored in the continuing uncertainty around Covid-19 and the Russian invasion in Ukraine and the resulting impact on global economy," Sherborne says.
Current stock price: 49.20p
12-month change: down 16%
By Tom Budszus; [email protected]
Copyright 2022 Alliance News Limited. All Rights Reserved.
Related Shares:
Sherborne Inv C