Bankers Inv Trust (BNKR)

Sector:

Investment Firms

Index:

FTSE 250

114.70p
   
  • Change Today:
    -0.20p
  • 52 Week High: 116.00
  • 52 Week Low: 97.80
  • Currency: UK Pounds
  • Shares Issued: 1,311.55m
  • Volume: 2,208,511
  • Market Cap: £1,504.35m
  • RiskGrade: 80

Bankers Investment Trust lifts annual dividend as NAV rises

Date: Monday 20 Jan 2014

LONDON (ShareCast) - - Dividend raised six per cent
- NAV rises 23.8 per cent
- Shares up 33.9 per cent

The Bankers Investment Trust raised its full-year dividend by six per cent to 14.13p after achieving solid growth in net asset value (NAV).

The company reported a 23.8% rise in NAV in the year to October 31st 2013. The group said the increase in NAV was the catalyst for the reduction in the discount to which the shares traded at during the year, resulting in a share price return of 33.9%.

“This performance was achieved against a positive global equity market background with strong returns being reported by all major markets,” the firm said.

Looking ahead the group expects the current level of revenue reserve will not grow significantly from 2013 year end after paying out the majority of earnings generated from each year in dividends.

However, the company said low borrowing costs, growing investor confidence and an improved corporate outlook, particularly in North America and the UK, give grounds to remain optimistic regarding equity returns.

“We feel confident in being able to forecast a dividend per share of not less than 14.7p per share, an increase of 4%.”

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.

 

BNKR Market Data

Currency UK Pounds
Share Price 114.70p
Change Today -0.20p
% Change -0.17 %
52 Week High 116.00
52 Week Low 97.80
Volume 2,208,511
Shares Issued 1,311.55m
Market Cap £1,504.35m
RiskGrade 80

BNKR Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
76.94% above the market average76.94% above the market average76.94% above the market average76.94% above the market average76.94% above the market average
42.05% above the sector average42.05% above the sector average42.05% above the sector average42.05% above the sector average42.05% above the sector average
Price Trend
4.29% below the market average4.29% below the market average4.29% below the market average4.29% below the market average4.29% below the market average
15.32% below the sector average15.32% below the sector average15.32% below the sector average15.32% below the sector average15.32% below the sector average
Income
44.07% above the market average44.07% above the market average44.07% above the market average44.07% above the market average44.07% above the market average
83.81% above the sector average83.81% above the sector average83.81% above the sector average83.81% above the sector average83.81% above the sector average
Growth
48.45% below the market average48.45% below the market average48.45% below the market average48.45% below the market average48.45% below the market average
23.87% below the sector average23.87% below the sector average23.87% below the sector average23.87% below the sector average23.87% below the sector average

BNKR Dividends

  Latest Previous
  1st Interim 4th Interim
Ex-Div 29-Apr-21 28-Jan-21
Paid 28-May-21 26-Feb-21
Amount 0.54p 5.42p

Trades for 18-Jun-2021

Time Volume / Share Price
16:57 6,536 @ 114.70p
16:46 6,536 @ 114.70p
16:48 84,282 @ 114.67p
16:46 35,871 @ 114.70p
16:35 1,203,921 @ 114.70p

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