Today news
About the same in other media
Monks to pay lower annual dividend to boost share buybacks
Reading now: 603
investmentweek.co.ukIn its annual report published today (2 July), Monks investment trust chair Karl Sternberg said the NAV growth came on the back of stronger results in the second half of the year. This performance saw a NAV total return of 21.6% at a share price total return of 28.5% compared to 16.6% from the index. The board of the trust said it will pay shareholders 2.1p in dividends this year, which is lower than the 3.15p the year before. This decision was made to enable further buybacks and close the vehicle's discount trading. Since January 2022, Monks has spent £406m to buy back 39 million in ...
To continue reading this article...
Join now
Login
Read more on investmentweek.co.ukAbout this in other media
AIA Engineering to consider share buyback. Shares surge 7% economictimes.indiatimes.com /3 months ago
Invested in debt MF before 1 April 2023? You may pay 40% higher tax on gains livemint.com /3 months ago
Here's why you may get a smaller pay raise next year cnbc.com /4 months ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
