Sapan Gai, CCO at Sovereign Metals, discusses their superior graphite test results. 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: 32.50
Bid: 32.00
Ask: 33.00
Change: 0.00 (0.00%)
Spread: 1.00 (3.125%)
Open: 32.50
High: 32.50
Low: 32.50
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
4 Feb 2021 14:27

Duke Royalty reports record quarter of cash revenue generation

(Sharecast News) - Alternative capital provider Duke Royalty updated the market on its trading and operations on Thursday, reporting cash revenue for the third quarter of £4.2m, representing a record quarter of cash revenue generation for Duke.

Read more
4 Feb 2021 14:27

Duke Royalty reports record quarter of cash revenue generation

(Sharecast News) - Alternative capital provider Duke Royalty updated the market on its trading and operations on Thursday, reporting cash revenue for the third quarter of £4.2m, representing a record quarter of cash revenue generation for Duke.

Read more
4 Feb 2021 11:38

TRADING UPDATES: Vertu Profit To Beat Forecasts; eEnergy Revenue Jumps

TRADING UPDATES: Vertu Profit To Beat Forecasts; eEnergy Revenue Jumps

Read more
14 Jan 2021 19:15

UK TRADING UPDATE SUMMARY: DWF Sets Up New Global Operating Structure

UK TRADING UPDATE SUMMARY: DWF Sets Up New Global Operating Structure

Read more
11 Jan 2021 14:58

UK EXECUTIVE CHANGE SUMMARY: M&G Chair Evans Takes Temporary Break

UK EXECUTIVE CHANGE SUMMARY: M&G Chair Evans Takes Temporary Break

Read more
24 Dec 2020 11:49

Duke Royalty invests another EUR 1.1m in Irish broker BHPC

(Sharecast News) - Alternative capital provider Duke Royalty announced a follow-on investment of €1.1m (£1m) into its existing royalty partner, BHPC Limited, doing business as BHP.

Read more
24 Dec 2020 08:40

Duke Royalty Invests Further EUR1 Million In Irish Broker BHPC

Duke Royalty Invests Further EUR1 Million In Irish Broker BHPC

Read more
22 Dec 2020 18:06

UK TRADING UPDATE SUMMARY: Lekoil Fires Back At Shareholder Metallon

UK TRADING UPDATE SUMMARY: Lekoil Fires Back At Shareholder Metallon

Read more
22 Dec 2020 10:13

Duke Royalty invests another ?3.1m in Miriad Products

(Sharecast News) - Alternative capital provider Duke Royalty announced a follow-on investment of £3.1m into its existing royalty partner MRDB Holdings, trading as Miriad Products, on Tuesday.

Read more
9 Dec 2020 16:10

UK EARNINGS SUMMARY: Dewhurst Annual Profit Up Despite Revenue Decline

UK EARNINGS SUMMARY: Dewhurst Annual Profit Up Despite Revenue Decline

Read more
2 Dec 2020 16:04

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

Read more
12 Nov 2020 19:17

UK TRADING UPDATE SUMMARY: Clipper Expects 20% Interim Revenue Climb

UK TRADING UPDATE SUMMARY: Clipper Expects 20% Interim Revenue Climb

Read more
14 Oct 2020 16:05

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

Read more
17 Sep 2020 15:17

IN BRIEF: Duke Royalty Swings To Annual Loss But Raises Payout

IN BRIEF: Duke Royalty Swings To Annual Loss But Raises Payout

Read more
16 Sep 2020 15:50

IN BRIEF: Duke Royalty Upturn In Trading Continues Into Second Quarter

IN BRIEF: Duke Royalty Upturn In Trading Continues Into Second Quarter

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.