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Edinburgh Investment Trust first-half net asset value return tops benchmark

By BFN News | 09:06 AM | Wednesday 21 November, 2018


Edinburgh Investment Trust said Wednesday first-half net asset value total return marginally beat its benchmark. For the six months ended 30 September, net asset value total return rose 8.7%, ahead of the FTSE All-Share Index, which returned 8.3%. The share price total return for the period was 7.6%, and the discount of the net asset value to the share price widened from 8.7% at the year end to 9.8% for the half, driven by a general widening of discounts across the sector, the company said. The company declared an interim dividend of 6.25p, an increase of 7.8% from a year earlier. At 9:06am: (LON:EDIN) Edinburgh Investment Trust Plc the share price was +2p at 621p Story provided by StockMarketWire.com

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