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The Law Debenture Corporation (LWDB) has a long-term record of outperformance versus its broad UK equity market benchmark and peers, while delivering above-average DPS growth. This continued in FY24, with the trust’s unique combination of a UK investment trust and a cash-generative professional services operating business (IPS) continuing to generate strong results. The 2024 share price total return of 15.9% was 6.4pp ahead of the benchmark, professional services underlying PBIT grew 6.4% and DPS increased by 4.7%.
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Law Debenture (LWDB)
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