Caledonia Investments increases 2012/13 annual dividend by 10%

DividendMax Ltd.

Caledonia Investments increases 2012/13 annual dividend by 10%

Financial highlights


31 Mar 2013 

31 Mar 2012 


Net asset value per share total return




Net asset value per share




Net asset value




Annual dividend per share




Financial highlights


Strong 2012/13 performance

Net asset value per share total return for the year ended 31 March 2013 was up 18.9%, driven by strong capital gains and a growing income stream.



Ten year performance record

Since becoming an approved investment trust in 2003, Caledonia's NAV total return was 201.7%, outperforming the FTSE All-Share Total Return by 26.4%.



Portfolio delivering long term outperformance

Rebalanced portfolio aimed at delivering long term outperformance for today's markets.



Improving portfolio yield

The company has successfully increased its portfolio income profile over the last two years to produce a portfolio yield of 3.3% at 31 March 2013, broadly in line with market averages.

Will Wyatt, Chief Executive, commented:

"This has been a strong year for the company, in which our shareholders have seen a 19% total return, capping a 202% return since we became an investment trust ten years ago.

Continuing to deliver healthy returns to our shareholders over the long term remains our strategic priority. The actions we have taken over the last three years have ensured that we have a balanced portfolio tailored to our shareholders' requirements and capable of delivering long term outperformance in the current macroeconomic environment.

We continue to manage actively each of our investment pools to ensure it meets these objectives, those of shareholders and to deliver long term growth in capital and income."

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