Temple Bar Inv Trust (TMPL)

Sector:

Investment Firms

Index:

FTSE 250

771.00p
   
  • Change Today:
    -5.00p
  • 52 Week High: 1,486.00
  • 52 Week Low: 570.00
  • Currency: UK Pounds
  • Shares Issued: 66.87m
  • Volume: 74,934
  • Market Cap: £515.59m
  • RiskGrade: 232

Temple Bar Investment Trust raises full-year dividend

Date: Wednesday 12 Feb 2014

LONDON (ShareCast) - - Dividend raised three per cent
- Profits and total income rises
- Investment income falls

Temple Bar Investment Trust raised its dividend by three per cent to 37.75p after achieving a rise in pre-tax profit and income.

Pre-tax profit in the year through December 31st 2013 came to £180m, up from £92m the year earlier, as total income jumped to £190m from £100m.

Total return on net assets was 31.4%, compared to a total return for the FTSE All Share Index of 20.8%.

However, revenue in the investment portfolio fell to £26m from £28m, as the group struggled to identify a sufficient number of attractive investment opportunities.

Strong equity markets limited the prospects, the group said.

A change in the accounting treatment of bond holdings also resulted in a decline in the distributable income.

“The immediate impact of this strategy is a shortfall on the 2013 revenue account, such that a small part of the proposed dividend for the current year will be financed from revenue reserves,” the firm aid.

“The board, however, believes that one of the great benefits of an investment trust vehicle is the ability to make use of accumulated revenue reserves in order to smooth dividend payments over the longer term.”

Temple Bar, however, said 2014 may bring more volatility and hence more opportunity to invest.

Shares rose 0.32% to 1,243p at 10:18 on Wednesday.

RD

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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.

 

TMPL Market Data

Currency UK Pounds
Share Price 771.00p
Change Today -5.00p
% Change -0.64 %
52 Week High 1,486.00
52 Week Low 570.00
Volume 74,934
Shares Issued 66.87m
Market Cap £515.59m
RiskGrade 232

TMPL Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
5.69% below the market average5.69% below the market average5.69% below the market average5.69% below the market average5.69% below the market average
61.29% above the sector average61.29% above the sector average61.29% above the sector average61.29% above the sector average61.29% above the sector average
Price Trend
66.88% below the market average66.88% below the market average66.88% below the market average66.88% below the market average66.88% below the market average
89.07% below the sector average89.07% below the sector average89.07% below the sector average89.07% below the sector average89.07% below the sector average
Income
23.33% above the market average23.33% above the market average23.33% above the market average23.33% above the market average23.33% above the market average
70.77% above the sector average70.77% above the sector average70.77% above the sector average70.77% above the sector average70.77% above the sector average
Growth
0.58% below the market average0.58% below the market average0.58% below the market average0.58% below the market average0.58% below the market average
2.45% below the sector average2.45% below the sector average2.45% below the sector average2.45% below the sector average2.45% below the sector average

TMPL Dividends

  Latest Previous
  1st Interim 4th Interim
Ex-Div 04-Jun-20 12-Mar-20
Paid 30-Jun-20 31-Mar-20
Amount 11.00p 18.39p

Trades for 03-Jul-2020

Time Volume / Share Price
11:18 607 @ 774.15p
11:12 750 @ 771.80p
11:08 500 @ 772.62p
11:04 3,400 @ 770.00p
10:59 51 @ 771.00p

TMPL Key Personnel

Chair Arthur Copple

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