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IN BRIEF: Honeycomb Investment Interim Net Assets Climb

Mon, 14th Sep 2020 14:24

Honeycomb Investment Trust PLC - asset secured loans investor - Net asset value per share at June 30, end of first half, inches up 0.2% annually to 1,016.4 pence from 1,014.1p. Reports total return of 8.2%, improved from 7.5% in year prior. "The performance of the underlying credit assets has remained stable throughout the Covid-19 crisis, with the underlying returns increasing through quarter two 2020 as many customers are ending their forbearance plans and returning to full payments across all sectors," Honeycomb said. Holds interim dividend at 40.00p per share, 20.00p for each quarter.

Current stock price: 894.00p

Year-to-date change: down 8.1%

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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