The Law Debenture Corporation (LWDB) saw a NAV total return of 17.9% (cum-fair) in FY19, with its share price total return of 24.5% comfortably outstripping the broad UK stock market. As well as a c 25% increase in portfolio income, LWDB’s independent professional services (IPS) businesses saw another year of good growth, providing important support for a step change in the annual dividend payment (+37.6%, with the final dividend up 50%, and moving to quarterly dividends from FY20). Por
27 Feb 2020
The Law Debenture Corporation - Step change in dividend supported by IPS income
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The Law Debenture Corporation - Step change in dividend supported by IPS income
Law Debenture Corp PLC (LWDB:LON) | 811 -40.5 (-0.6%) | Mkt Cap: 1,064m
- Published:
27 Feb 2020 -
Author:
Sarah Godfrey -
Pages:
13
The Law Debenture Corporation (LWDB) saw a NAV total return of 17.9% (cum-fair) in FY19, with its share price total return of 24.5% comfortably outstripping the broad UK stock market. As well as a c 25% increase in portfolio income, LWDB’s independent professional services (IPS) businesses saw another year of good growth, providing important support for a step change in the annual dividend payment (+37.6%, with the final dividend up 50%, and moving to quarterly dividends from FY20). Por