18th Aug 2015 07:09
LONDON (Alliance News) - The Diverse Income Trust PLC on Tuesday said it outperformed its benchmark in the year to the end of May and said its dividend payout was hiked.
The trust, which invests in UK-listed stocks, said its net asset value per share rose 6.0% in the year to 87.03 pence from 82.13 pence a year earlier, ahead of the 3.9% rise posted by the FTSE All-Share index over the same period.
The trust's total assets increased to GBP337 million in the year, up from GBP266 million.
The trust also paid out 2.40 pence per share in dividends over the year, up 6.7% from the 2.25 pence it paid out a year earlier.
By Sam Unsted; [email protected]; @SamUAtAlliance
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