In QuotedData’s morning briefing 18 October 2022:
- Tufton Oceanic Asssets (SHIP) says that its end September NAV was $1.479 (132.5p), giving investors a return for the third quarter of 3.3% on NAV. The target annual dividend is being increased from $0.080 to $0.085 per share, to commence from 4Q22. After the increase, the company is forecast to have a dividend cover of c.1.8x over the next 18 months.
In addition, HICL has published an updated NAV as at end September which looks at the various impacts of the macroeconomic turmoil that has been impacting on the fund. We also have annual results from CT Property Trust