Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksDuke Capital Share News (DUKE)

Share Price Information for Duke Capital (DUKE)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 32.25
Bid: 32.00
Ask: 32.50
Change: -0.25 (-0.77%)
Spread: 0.50 (1.563%)
Open: 32.25
High: 32.25
Low: 32.25
Prev. Close: 32.50
DUKE Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

CORRECT: Duke Royalty half-year total income falls 34%; payout steady

Thu, 23rd Nov 2023 08:48

(Correcting total income figures.)

Duke Royalty Ltd - Guernsey-based provider of royalty finance to companies in UK and Europe - Says total income for the half year that ended September 30 falls 34% to GBP10.4 million from GBP15.8 million a year before. Recurring cash revenue totals GBP12.2 million, up 17% from GBP10.4 million in the first half of financial 2023, while total cash revenue rises 35% to GBP14.1 million from GBP10.4 million the year before. Pretax profit falls by 81% to GBP3.8 million from GBP20.4 million a year prior. Maintains its quarterly dividend of 0.70 pence per share. Looking ahead, says it is "well-positioned" for growth. Chair Nigel Birrell comments: "During the interim period, Duke was able to post its twelfth consecutive quarter of increasing recurring cash revenue, which was a fantastic achievement for the company. In line with this strong financial performance, the company also maintained its quarterly dividend of 0.70p per share. Investors can be reassured that the dividend payout remains well covered by operating cashflow, with the attractive yield representing a pillar of Duke's ongoing business model and its overall financial discipline."

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
9 May 2019 12:25

Thursday broker round-up

(Sharecast News) - Britvic: Citigroup downgrades to neutral with a target price of 950p.

Read more
19 Feb 2019 15:12

Duke Royalty signs finance deal with RV parts provider Miriad

(Sharecast News) - Alternative capital provider Duke Royalty has provided £10m royalty financing to the MRDB Holdings group, which undertakes business as Miriad Products, it announced on Tuesday

Read more
17 Dec 2018 15:44

Duke Royalty pours another £1m into Brownhills

(Sharecast News) - Alternative capital solutions provider Duke Royalty announced a further contribution of £1m into its royalty partner Brownhills on Monday.

Read more
30 Aug 2018 14:49

Duke Royalty diversifies with Canadian health deal

(Sharecast News) - Alternative capital solutions provider Duke Royalty has entered into a £10m royalty financing agreement with InterHealth Canada Holding Corporation (ICHC), it announced on Thursday.

Read more
8 Mar 2018 17:12

DIRECTOR DEALINGS SUMMARY: Duke Royalty Directors Buy Shares

LONDON (Alliance News) - The following is a summary of director dealings reported in London on Thursday.----------Duke Royalty said that four directors purchased shares in the on at

Read more
8 Mar 2018 13:16

DIRECTOR DEALINGS: Duke Royalty Directors Purchase Shares

LONDON (Alliance News) - Duke Royalty Ltd said on Thursday that four directors purchased shares in the company on Wednesday.Chief Executive Officer Neil Johnson 125,000

Read more
5 Mar 2018 13:59

Duke Royalty Strikes Third European Royalty Agreement With Trimite

LONDON (Alliance News) - Duke Royalty Ltd said Mondayit has entered into a royalty financing agreement with a Birmingham-based specialist coatings Trimite

Read more
25 Aug 2016 15:06

UK Shareholder Meetings Calendar - Next 7 Days

Read more
25 Jul 2016 09:55

Duke Royalty Narrows Loss In Year Of Change And "Substantial Activity"

Read more
29 Mar 2016 12:37

Duke Royalty Sells Interests In Four Resources Companies

Read more
7 Mar 2016 12:43

Duke Royalty Says Nigel Birrell Replaces Robert King As Chairman

Read more
7 Sep 2015 12:28

Duke Royalty agrees healthcare royalty financing deal with Marsh McLennan

(ShareCast News) - Royalty financing outfit Duke Royalty has signed an agreement with the consultancy arm of US insurance broking giant Marsh & McLennan to focus on healthcare royalty transactions in Europe. Oliver Wyman, a management consultancy arm of Marsh & McLennan, will offer royalty financing

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.