25th Feb 2016 08:47
LONDON (Alliance News) - Law Debenture Corp PLC, which is divided into an investment trust and the provision of independent fiduciary services, said its net asset value total return was down in 2015.
The company's net asset value total return in 2015 was down 0.3%, compared to a total return of 1.0% for the FTSE Actuaries All-Share Index.
Net revenue return per share was 18.1p, an increase of 6.8% over the previous year, as a result of a 9.2% increase in the investment trust and a 3.2% increase in independent fiduciary services.
Law Debenture said it will pay a final dividend of 11.0 pence per share, taking the total for the year as a whole to 16.2p from 15.7p the prior year.
The stock was up 1.6% at 453.00 pence on Thursday morning.
By Samuel Agini; [email protected]; @samuelagini
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