B.P. Marsh & Partners are to announce an Interim Dividend paid on 28 February 2023 of 1.39p per share and proposed Final Dividend of 1.39p per share payable in July 2023 (2022: 2.78p total)
Other financial highlights include:
Total Shareholder return of £23.9m (14.4%) for the year including the dividend paid in July 2022
Net Asset Value has increased by £22.9m to £189.5m (31 January 2022: £166.6m), a 13.8% increase
Net Asset Value per share increased by 63.5p to 526.2p (31 January 2022: 462.7p)
Post year end disposal of Kentro for £51.5m (subject to regulatory approval)
New dividend and buy-back policy will see 25% of proceeds of Kentro sale to be returned to Shareholders
Robust pipeline of new investments
Consolidated profit before tax of £27.6m (31 January 2022: £19.4m)
Equity portfolio valuation increase of 19.1% (2022: 14.7%)
Completion of Summa realisation during the year (£9.6m including Loan)
