Financial highlights
|
31 Mar 2013 |
31 Mar 2012 |
Change |
|
|
Net asset value per share total return |
+18.9% |
‑7.0% |
|
|
Net asset value per share |
2299p |
1977p |
+16.3% |
|
Net asset value |
£1,299m |
£1,134m |
+14.5% |
|
Annual dividend per share |
47.2p |
42.9p |
+10.0% |
Financial highlights
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- |
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%. |
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- |
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."
