Merchants Trust sees annual return on investment portfolio
27th Mar 2013 07:36
Merchants Trust raised its annual dividend for the 30th year in a row as net revenue return per share rose 4.1 per cent to 22.9p from its portfolio of investments. The British investment trust said it was rewarding shareholders with a total dividend of 23.2p for the year, up 0.9% on the previous ye
Read moreMerchants Trust sees fall in NAV
23rd Nov 2011 13:39
The Merchant's Trust saw a small reduction in its net asset value (NAV) during the between from 1 August to 31 October, alongside a number of other falls. NAV decreased from 396.04p at 31 October to 373p at 21 November, while net gearing also fell slightly from 26.3% to 26.9%. Total assets dropp
Read moreTotal return of 20.7% for Merchants Trust
7th Apr 2011 18:12
New chairman Simon Fraser declared himself pleased with the performance of The Merchants Trust last year, a year in which the trust achieved a total return that topped that achieved by FTSE 100 Index and the FTSE 350 Higher Yield Index. Net asset value (NAV) per share increased by 14.6% to 427.1p i
Read moreComment: High yielding investment trusts
4th Feb 2011 15:31
With most bank and building society savings accounts offering derisory interest rates these days it is tempting to look to other forms of investments to boost income. If you want higher returns, however, then you usually have to accept higher risk of losing your capital, though there are ways of re
Read moreBritish American finance boss sells shares
22nd Sep 2009 16:16
British American Tobacco finance boss Ben Stevens has pocketed nearly £200,000 after offloading some of his stake in the Lucky Strike maker. He sold 5,000 shares at 1,981p a share and 5,000 at 1,969p. He now has just more than 95,000. Stevens has been with British American since 1990. He joined th
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