IN BRIEF: Lindsell Train Investment ups annual dividend on higher NAV

Lindsell Train Investment Trust PLC - investment trust with stakes in blue-chip firms such as ...

Alliance News 17 June, 2021 | 9:21PM
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Lindsell Train Investment Trust PLC - investment trust with stakes in blue-chip firms such as Diageo PLC and Nintendo Co Ltd - As at March 31, net asset value per share up 24% year-on-year at GBP1,185.65 vs GBP956.65.

For the year, NAV total return at 29%, compared to the company's benchmark which is the

annual average running yield on the longest-dated UK government fixed rate bond currently UK Treasury 1.625% 2071, which returned 4.0%.

Declares total dividend of GBP50 per share, up 12% from GBP44 the prior year.

Current stock price: GBP1,420.00

Year-to-date change: down 2.1%

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Lindsell Train Ord 1,620.00 GBP -0.46

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