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Pin to quick picksDuke Capital Share News (DUKE)

Share Price Information for Duke Capital (DUKE)

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Share Price: 33.50
Bid: 33.00
Ask: 34.00
Change: 0.00 (0.00%)
Spread: 1.00 (3.03%)
Open: 33.25
High: 33.75
Low: 33.00
Prev. Close: 33.50
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Duke Royalty To Report "Significant Uplift" In Annual Performance

Wed, 14th Aug 2019 16:29

(Alliance News) - Duke Royalty Ltd said Wednesday it expects its annual results to show a "significant uplift" from the year before.

The royalty-focused finance investment firm said that revenue and cashflow for the year to the end of March were in line with market expectations, and has seen its positive momentum continue into the first quarter of its current financial year.

Duke Royalty said, in fact, that June represented the single highest month of cash revenue to date.

Operationally, the annual adjustment factors for royalty partners were revised during its recently ended financial year and Duke Royalty's current one, expected to lead to an increase in revenue for the firm.

In terms of financing, Duke Royalty has agreed to improved terms with its existing lender concerning its current debt facility. Restructuring of the facility is expected to take place in the coming weeks, and will lead to reduced debt servicing costs.

Looking ahead, Duke Royalty said its near-term pipeline for both follow-on and new investment opportunities remains strong.

"Fiscal 2019 was a busy year for the company, with the raising of GBP44 million new equity capital and the tripling of the number of royalty partners from four to 12. This was in part through the acquisition of Capital Step and the completion of several follow-on transactions into existing royalty partners," said Chief Executive Officer Neil Johnson.

"With Duke's high operating leverage, we feel confident that assuming continued positive annual adjustments, combined with future additional capital deployment, the company will be able to produce a higher dividend pay-out to shareholders," Johnson added.

Shares in Duke Royalty were up 3.1% a 45.15 pence on Wednesday.

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30 Jan 2020 12:18

Duke puts ?7.7m more into royalty partner BIL

(Sharecast News) - Alternative capital provider Duke Royalty announced a follow-on investment of around £7.7m into its existing royalty partner, Bakhchysarai Ireland (BIL), on Thursday.

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13 Jan 2020 11:42

Duke Royalty Makes 3 Investments In December; Confident For 2020

Duke Royalty Makes 3 Investments In December; Confident For 2020

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6 Dec 2019 14:47

Duke Royalty increases dividend again after solid first half

(Sharecast News) - Alternative capital solutions provider Duke Royalty reported a 119% improvement in revenue in its interim results on Friday, to £5.9m.

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6 Dec 2019 10:23

Duke Royalty Earnings Boosted By Extensions To Existing Investments

Duke Royalty Earnings Boosted By Extensions To Existing Investments

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4 Nov 2019 10:42

Duke Royalty pays down balance of new revolving credit facility

(Sharecast News) - Alternative capital provider Duke Royalty announced on Monday that, further to the completion of its recent fundraising, it has paid down the outstanding balance of its new revolving credit facility from £11.65m to nil.

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4 Nov 2019 10:27

Duke Royalty Pays Outstanding Financing Facility Balance

Duke Royalty Pays Outstanding Financing Facility Balance

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1 Nov 2019 18:14

Duke Royalty Invests GBP2 Million More In Lynx For Sundby Trapper Buy

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1 Nov 2019 15:41

Duke Royalty puts another ?2m into Lynx Equity UK

(Sharecast News) - Alternative capital provider Duke Royalty announced a follow-on investment of £2m into its existing royalty partner Lynx Equity UK on Friday.

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30 Oct 2019 17:25

Duke Royalty Raises Additional GBP892,000 Via Share Open Offer

Duke Royalty Raises Additional GBP892,000 Via Share Open Offer

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7 Oct 2019 11:06

Duke Royalty GBP20 Million Fundraising Strategy Progresses

Duke Royalty GBP20 Million Fundraising Strategy Progresses

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4 Oct 2019 17:38

Duke Royalty Raises Up To GBP20 Million To Fund Fresh Investments

Duke Royalty Raises Up To GBP20 Million To Fund Fresh Investments

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19 Sep 2019 18:15

Duke Royalty Ups Interim Dividend By 7% To 0.75 Pence Per Share

(Alliance News) - Duke Royalty Ltd on Thursday declared a 0.75 pence per share interim dividend.The dividend is 0.05p or 7% higher than the previous quarter and has a payment date of record

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10 Sep 2019 13:56

Duke Royalty Inks New GBP30 Million Loan On Improved Terms

(Alliance News) - Duke Royalty Ltd on Tuesday said it has secured a new five-year GBP30 million revolving loan from existing lender Honeycomb Investment Trust PLC on improved terms.The to a

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9 Sep 2019 11:36

Duke Royalty Swings To Maiden Yearly Profit As Income Jumps

(Alliance News) - Duke Royalty Ltd on Monday said it hiked its dividend and swung to annual profit for the first time following a sharp increase in total income.In the year ended March 31,

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29 Aug 2019 11:27

Duke Royalty Invests Further In Pearl & Dean; Restructures Investment

(Alliance News) - Duke Royalty Ltd on Thursday said it has made a follow-on investment in royalty partner Pearl & Dean Cinemas Ltd and restructured the investment by moving the whole agreement

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