Murray Income Trust PLC - Edinburgh-based investment company - Says net asset value as of June 30 is 949.9 pence per share, up from 911.7p on the same day in 2023. NAV total return for year to June 30 is positive 9.9%, against 8.8% the prior year. Compares with a 13% return from the benchmark FTSE All-Share index, up from 7.9%. Total dividend for the year is 38.50p per share, up 2.7% from 37.50p the year before. Says its portfolio ‘is aligned to compelling long-term trends such as an ageing population, the increasing wealth of the middle class, the digital transformation and energy transition’. Adds that it expects inflationary data to continue to influence markets over the next year, although the UK political environment perhaps ‘feels more settled which may encourage overseas investors’. Adds that it feels optimistic that its portfolio companies ‘will be capable of delivering premium earnings and dividend growth’.
Current stock price: 858.63p, down 0.6% on Wednesday afternoon in London
12-month change: up 2.8%
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