Dunedin Income Growth Inv Trust (DIG)

Sector:

Investment Firms

Index:

FTSE Small Cap

 279.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 307.00p
  • 52 Week Low: 188.00p
  • Currency: UK Pounds
  • Shares Issued: 148.16m
  • Volume: 182,475
  • Market Cap: £413.38m
  • RiskGrade: 117

Dunedin Income maintains divi after tax rebate

Date: Monday 28 Mar 2011

LONDON (ShareCast) - Dunedin Income Growth, the largely UK-focused investment trust, bested the performance of its benchmark index last year by achieving a 19.6% increase in its net asset value (NAV) per share in total return terms. The FTSE All-Share Index’s total return in the year to 31 January was 18.1%.

NAV per share at the end of January 2011 stood at 226.81p from 198.80p a year earlier, calculated on a basis that prices debt at market value.

During the course of the year the trust saw the income generated from option writing grow significantly, while it also received a boost to the coffers from the resolution of a long standing dispute with the tax man which resulted in a payment to the company of £2.42m, of which £1.84m was treated as income.

With debt valued at par, potential gearing has decreased from 9.9% at the end of the January 2010 to 9.7% and, on a pure equity basis, allowing for the trust’s small bond portfolio and its cash holdings, it now stands closer to 2.7%.

The company’s final dividend has been left unchanged, leading to an unchanged full year dividend of 10.25p. The preservation of the dividend level was in some doubt a year earlier as it was unclear whether the payment would be covered by earnings. Thanks to the settlement from the taxman, the fiscal 2010/11 dividend was 99% covered by earnings but without this windfall some 13% of the total dividend payment would have been paid for by dipping into reserves.

- - -

jh

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

DIG Market Data

Currency UK Pounds
Share Price 279.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 307.00p
52 Week Low 188.00p
Volume 182,475
Shares Issued 148.16m
Market Cap £413.38m
RiskGrade 117

DIG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
64.85% above the market average64.85% above the market average64.85% above the market average64.85% above the market average64.85% above the market average
89.19% above the sector average89.19% above the sector average89.19% above the sector average89.19% above the sector average89.19% above the sector average
Price Trend
34.84% above the market average34.84% above the market average34.84% above the market average34.84% above the market average34.84% above the market average
25.56% above the sector average25.56% above the sector average25.56% above the sector average25.56% above the sector average25.56% above the sector average
Income
1.66% below the market average1.66% below the market average1.66% below the market average1.66% below the market average1.66% below the market average
17.19% above the sector average17.19% above the sector average17.19% above the sector average17.19% above the sector average17.19% above the sector average
Growth
69.72% below the market average69.72% below the market average69.72% below the market average69.72% below the market average69.72% below the market average
50.31% below the sector average50.31% below the sector average50.31% below the sector average50.31% below the sector average50.31% below the sector average

DIG Dividends

  Latest Previous
  2nd Interim 1st Interim
Ex-Div 05-Nov-20 06-Aug-20
Paid 27-Nov-20 28-Aug-20
Amount 3.00p 3.00p

Trades for 27-Nov-2020

Time Volume / Share Price
15:49 35,900 @ 275.00p
16:35 52,095 @ 279.00p
15:33 15,000 @ 274.51p
16:29 52 @ 273.00p
16:29 148 @ 273.00p

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