8th Nov 2013 11:34
LONDON (Alliance News) - Securities Trust of Scotland PLC Friday posted an increase in return on net asset value per share in the half year ended September 30.
Return on net asset value per share was 0.4%, up from a negative 5.1% return on net asset value per share in the previous year. It outperformed its benchmark, which had a negative 0.4% return on net asset value per share.
The company said it had seen a slight positive return despite the volatility of global markets in the half year.
The company has declared a second interim dividend of 1.15 pence per share, maintained from the previous year.
Shares in Securities Trust of Scotland were trading down 1.2% at 150.968 pence.
By Hana Stewart-Smith; [email protected]; @hanassallnews
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