Caledonia Investments increases 2014 interim dividend by 3.9%

DividendMax Ltd.

Caledonia Investments increases 2014 interim dividend by 3.9%

Financial highlights


30 Sep 2013 

31 Mar 2013 


Net asset value per share total return




Net asset value per share




Net asset value




Interim dividend per share






NAV total return per share up 2% for the six months to 30 September, following a 14.6% increase in the previous six months



Interim dividend of 13.4p per share, up 3.9%



Two new and four follow-on investments of note during the period



Acquisition of Choice Care Group competed; £49.5m equity invested



£172m acquisition of Park Holidays competed post half-year; £88m invested for 100% of equity



NAV per share benefits from continued share buy-back, with £15.0m invested at an average discount of 19.2% in the period



NAV gains continued post period end, with NAV recording a record high of 2394p per share at 31 October

Will Wyatt, Chief Executive, commented:

"Our portfolio continues to make steady progress, meeting our expectations and consolidating on the significant gains made last year. This solid performance across our portfolio, supported by good income generation, meets our objective to pay an increasing dividend while also delivering capital value for our shareholders.

"It is encouraging that this progress has continued since the half year, with the October NAV per share reaching a new high."

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