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RM Secured Direct Lending posts positive performance; holds dividend steady

StockMarketWire.com

Secured debt investment specialist RM Secured Direct Lending held its annual dividend steady after reporting a positive performance for the year.

The company's net asset value total return per share for the year through December was 3.15%.

It declared a dividend of 6.5p per share, which was unchanged from the previous year, when it also declared special dividends of 0.45p.

'The board is pleased to report a resilient year for RMDL amid an unprecedented market environment,' chairman Norman Crighton said.

'This has been demonstrated through our portfolio which has continued to diversify and grow, now totalling £123 million invested in 35 loans across 14 sectors.'

'We have entered 2021 in a strong position and a high quality pipeline of secured lending opportunities.'

At 9:23am: (LON:RMDL) RM Secured Direct Lending Plc share price was 0p at 80.5p


Story provided by StockMarketWire.com