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Princess Private Equity Declares Second Interim Dividend Of EUR0.29

(Alliance News) - Princess Private Equity Holding Ltd on Monday announced a second interim ...

Alliance News 11 November, 2019 | 5:36PM
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(Alliance News) - Princess Private Equity Holding Ltd on Monday announced a second interim dividend of EUR0.29 for 2019.

The private equity firm said dividends for the full year total EUR0.58 per share, up 3.6% from EUR0.56 in 2018, equivalent to 5.3% of opening net asset value per share as of the end of 2018.

Princess Private Equity said this represents a dividend yield of 5.7% based on the closing share price of 10.20 EUR cents per share on Thursday last week.

The company said it continues to target an annualized dividend of 5% to 8% per annum.

Princess Private Equity shares closed 1.9% lower in London at EUR10.20 on Monday.

By Loreta Juodagalvyte; loretajuodagalvyte@alliancenews.com

Copyright 2019 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Princess Private Equity Ord 10.40 EUR 0.24

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