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IN BRIEF: Atlantis Japan NAV per share rises 19%, lifts dividend

Thu, 08th Jul 2021 21:47

Atlantis Japan Growth Fund Ltd - investor in listed Japanese companies - Swings to profit of GBP22.5 million in year ended April 30, from a loss of GBP865,000 the previous year. Net asset value per shares increases 19% in the year to 279p from 234p. First half performance was "very strong" but second half was "muted" because of a rotation away from growth stocks. Company will pay quarterly dividends of 2.88p per share in the 2022 financial year, up from 2.17p per share in each quarter of financial 2021.

Current stock price: 245.00 pence

Year-to-date change: down 14%

By Ivan Edwards; ivanedwards@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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