4th Jun 2021 17:41
Templeton Emerging Markets Investment Trust PLC - emerging markets investor - Reports net asset value total return for financial year ended March 31 of 55%, while share price total return is 60%, both beating benchmark which returns 43%. Net asset value per share at period-end 1,096.9 pence, up from 732.3p at the same date a year ago. Proposes ordinary dividend of 19.00p for year, stable year-on-year, but hikes special payout to 10.00p from 2.6p. "At the start of the 12 months under review, equity markets had begun to recover from the initial shock of the Covid-19 pandemic outbreak, and investment returns have subsequently been high," it notes.
Current stock price: 1,040.00p
Year-to-date change: up 9.5%
By Lucy Heming;Â [email protected]
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