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RiverFort Global Opportunities PLC - Wycombe-based investment adviser - Posts lower profit for 2021 but ups payout. Pretax profit falls to £1.0 million from £1.5 million in 2020. Investment income climbs to £1.8 million from £1.3 million.
Pays a dividend of 0.038 pence for 2021 versus 0.02p for 2020. Cash and equivalents halve to £2.0 million from £4.0 million. The firm's investment portfolio grows to £13.1 million from £11.2 million. ‘The demand for the company's investment capital has been growing strongly,’ says Chair Philip Haydn-Slater. 2022 has started well, he added.
Current stock price: 0.98 pence, up 5.8% on Friday
12-month change: down 42%
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