Picton Property has reported solid earnings growth in full year results that support a 5.7% uplift in its annual dividend. The company posted a 2% increase in EPRA earnings to 4p per share in the year to 31 March 2024, which covered its annual dividend of 3.5p – which has now been increased to 3.7p. […]
Over the 12 months ended 31 March 2024, Shires Income generated an NAV return of 5.1% and a share price return of -5.5% (as the discount widened to 13.3%), both behind the 8.4% return delivered by the company’s All-Share Index benchmark. The chairman suggests that “the performance for the year is in line with what […]
Odyssean Investment Trust (OIT) was launched on 1 May 2018. At the time, the board said it would offer shareholders the opportunity to cash in their investment at NAV (less costs) during the trust’s seventh year and every seventh year thereafter. The exact timing of the realisation is up to the board (in consultation with […]
abrdn European Logistics Income (ASLI) has announced that it will undergo a managed wind down. Ahead of a continuation vote this year, the board launched the strategic review into the future of the company in November 2023, with the fund suffering from a wide discount to NAV and a materially uncovered dividend. The company received […]
Tufton Oceanic Assets (SHIP) has provided more details on the proposed actions to be taken as a result of its strategic review, the results of which were initially announced on 17 January 2024. The board will propose an amended investment policy, which will ease SHIP’s current investment restrictions, as the current policy prevents making new […]
Downing Renewables and Infrastructure Trust Investment companies | Annual overview | 17 May 2024 Fundamental story to drive returns By almost every measure, Downing Renewables and Infrastructure Trust (DORE) has delivered above expectations since its IPO in December 2020. A NAV total return of 33% over this period highlights the already strong performance of the […]
Downing Renewables and Infrastructure Trust Investment companies | Annual overview | 17 May 2024 Fundamental story to drive returns By almost every measure, Downing Renewables and Infrastructure Trust (DORE) has delivered above expectations since its IPO in December 2020. A net asset value (NAV) total return of 33% over this period highlights the already strong […]
Diversified renewable energy and infrastructure DORE aims to provide investors with a sustainable level of income, with an element of capital growth, through a diversified portfolio of renewable energy and infrastructure assets located in the UK, Ireland and Northern Europe. Portfolio progress in 2023 On 11 April, DORE released its annual results for the year […]
In QuotedData’s morning briefing 17 May 2024: Invesco Select Trust has announced that, following the results of its restructuring announcement on 3 May 2024 and the reclassification of its non-Global shares into Global Shares effective 7 May 2024, it has, with effect from today, changed its name to Invesco Global Equity Income Trust Plc. The […]
Pantheon International has published details of its capital allocation policy (CAP). This is the second step of the company’s three-step programme of shareholder-focused corporate strategy, following the £200m buyback that kicked off last sumer and is now almost complete. As at 15 May 2024, £189.6m had been invested in share repurchases, adding about 4.5% to […]
