|
ICG Enterprise Trust PLC on Tuesday announced a lower net asset value per share at the end of its first quarter, but upped its dividend. The London-based investor in North America and Europe buyouts said net asset value per share fell 3.0% to 2,011 pence in the first financial quarter ended April 30, from 2,072.9p at January 31. Portfolio return on a last twelve months NAV per share basis was 6.3% in the first quarter, higher compared to 4.8% a year ago. The five year annualised rate was 14.8%, lower compared to 16.2% a year prior. The company declared a first quarter dividend of 9p per share, up 5.9% from 8.5p a year prior. ICG Enterprise intends to pay a total dividend of at least 38p for financial 2026, up at least 5.6% from 36p in financial 2025. ICG Enterprise shares were 0.1% lower at 1,388.10 pence each on Tuesday afternoon in London. Copyright 2025 Alliance News Ltd. All Rights Reserved.
|
