The Caledonia Investments plc board has recommended a final dividend of 4.00p per share for the year ended 31 March 2026 which, if approved by shareholders, will be payable on 6 August 2026 to ordinary shareholders on the register on 3 July 2026. This represents a full-year dividend of 7.68p per share, an increase of 4.4%.
Other financial highlights include:
●NAV Total Return: 5.4% to £2,980m (568p per share)
●Portfolio performance: All three investment pools contributed to growth, with the investment portfolio delivering a return of 6.1% in the year. 1.2% from Public Companies, 13.1% from Private Capital and 4.9% from Funds
●Agreement to sell Stonehage Fleming: Expected proceeds of c.£290m, generating a 3.2x multiple on cost and 30% uplift to March 2025 carrying value
●Robust balance sheet: Significant liquidity, well positioned to take advantage of investment opportunities. Net cash of £90m and undrawn revolving credit facility of £325m, providing total liquidity of £415m
●Share buybacks: £35m allocated to share buybacks, with 9,465,511 shares repurchased at an average discount of 35%, resulting in a 3.49p or 0.6% accretion to NAV per share
