Gresham House Strategic (GHS)

Sector:

Investment Firms

Index:

FTSE AIM All-Share

 1,700.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 1,725.00
  • 52 Week Low: 980.00
  • Currency: UK Pounds
  • Shares Issued: 3.48m
  • Volume: 2,021
  • Market Cap: £59.18m

Gresham House Strategic confirms 15p-a-share dividend and buyback

By Andrew Schonberg

Date: Thursday 06 Apr 2017

LONDON (ShareCast) - (ShareCast News) - Shares in Gresham House Strategic are up almost 2% after confirming it intends to pay a dividend of 15p a share, and undertake a share buyback, after a strong performance from its portfolio of realised investments.
Together, these would represent half of the company's profit from recent realisations.

The investment company said the dividend was being paid under the new Strategic Public Equity (SPE) strategy adopted in August 2015.

As at 31 March 2017, Gresham House had £1.7m of unaudited profits from realisations, and it intended to distribute £864,573 via dividend and share buybacks, in line with the company's stated policy on shareholder returns.

Non-executive chairman David Potter said the dividend and buyback showed the board's confidence in the long term potential of its SPE strategy.

"Despite the tricky operating environment in the 18 months since we adopted this strategy the Company has made steady progress and investments are well positioned to generate NAV growth."

At about 10:30 GMT, AIM-quoted Gresham House's shares were up 1.82% to 840p each.

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

 

GHS Market Data

Currency UK Pounds
Share Price 1,700.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 1,725.00
52 Week Low 980.00
Volume 2,021
Shares Issued 3.48m
Market Cap £59.18m

GHS Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
62.18% above the market average62.18% above the market average62.18% above the market average62.18% above the market average62.18% above the market average
27.15% above the sector average27.15% above the sector average27.15% above the sector average27.15% above the sector average27.15% above the sector average
Price Trend
74.96% above the market average74.96% above the market average74.96% above the market average74.96% above the market average74.96% above the market average
91.09% above the sector average91.09% above the sector average91.09% above the sector average91.09% above the sector average91.09% above the sector average
Income
46.53% above the market average46.53% above the market average46.53% above the market average46.53% above the market average46.53% above the market average
55.16% above the sector average55.16% above the sector average55.16% above the sector average55.16% above the sector average55.16% above the sector average
Growth
20.52% below the market average20.52% below the market average20.52% below the market average20.52% below the market average20.52% below the market average
16.46% below the sector average16.46% below the sector average16.46% below the sector average16.46% below the sector average16.46% below the sector average

GHS Dividends

  Latest Previous
  Final Interim
Ex-Div 02-Sep-21 10-Dec-20
Paid 30-Sep-21 06-Jan-21
Amount 15.36p 12.10p

Trades for 21-Sep-2021

Time Volume / Share Price
14:34 900 @ 1,677.00p
15:32 30 @ 1,710.00p
11:44 500 @ 1,715.00p
10:19 582 @ 1,715.00p
09:49 3 @ 1,670.00p

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