24th Sep 2020 19:41
Temple Bar Investment Trust PLC - investment trust - Net asset value per share at June 30, end of first half, down 41% at 876.29 pence from 1,473.13p at the end of December. Declares flat 11.0p second interim payout but warns of annual dividend cut. "Having reviewed the trust's income position with RWC, the board intends to recommend a total dividend for the current year of 38.5 pence per ordinary share, with both the third interim dividend and the final dividend recommended to be 8.25p. This new total dividend, unfortunately, represents a cut of 25%," Temple Bar explains.
Current stock price: 637.00p
Year-to-date change: down 57%
By Eric Cunha; [email protected]
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