Troy Income & Growth reports that, for the six months ended 31 March 2016, it delivered a net asset value total return of +6.2%. The share price total return of +6.7% reflected a small increase in the premium to NAV, while the FTSE All-Share Index produced a total return of +3.5% over the same period. TIGT increased the aggregate of the first and second interim dividends by +4.35% to 1.20p (a quarterly rate of 0.60p) when compared to the equivalent dividends in the previous year. As in previous years the Board will consider an uplift to the final quarterly dividend before the year end on 30 September.
There is no comment from the manager in the statement.
TIGT : Troy Income & Growth beats All-Share