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

Thu, 17th Sep 2020 15:17

Duke Royalty Ltd - UK and Europe royalty finance provider - Swings to pretax loss of GBP10.4 million in year to March 31, from GBP1.9 million pretax profit. Swings to royalty investment net loss of GBP3.0 million from GBP5.6 million net income. Raises dividend 5.4% to 2.95 pence from 2.80p.

Current stock price: 25.75p

Year-to-date change: down 49%

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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