Foresight VCT PLC - venture capital trust investing in early stage companies - On Tuesday reports a net asset value per share increase of 9.2%, to 80.5 pence on June 30 from 73.7p on December 31. Swings to a pretax return of GBP20.9 million in the first half of 2021, from a loss of GBP12.9 million year-on-year. Continues to achieve target dividend yield of 5% of NAV. "The board and the manager hope that this performance may be enhanced by additional special dividends as and when particularly successful portfolio disposals are achieved," company says.
Current stock price: 73.00 pence, up 8.2% on Tuesday
Year-to-date change: up 23%
By Ivan Edwards; ivanedwards@alliancenews.com
Copyright 2021 Alliance News Limited. All Rights Reserved.
Foresight Technology (FTV)