ANNUAL FINANCIAL REPORT FOR THE YEAR ENDED 30 JUNE 2019
FINANCIAL HIGHLIGHTS
|
Net asset value total return{A} |
+7.9% |
|
Share price total return{A} |
+13.2% |
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2018 |
+3.9%
|
|
2018 |
+3.3% |
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Benchmark total return{B} |
+0.6% |
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Ongoing charges{A} |
0.65% |
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2018 |
+9.0% |
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2018 |
0.69%
|
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Earnings per share (revenue) |
34.9p |
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Dividend per share |
34.00p |
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2018 |
33.6p |
|
2018 |
33.25p
|
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Discount to net asset value{A} |
-4.3% |
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Dividend yield{A} 4.0% |
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2018 |
-8.4% |
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2018 |
4.2% |
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{A} Considered to be an Alternative Performance Measure. |
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{B} The Company's benchmark is the FTSE All-Share Index. |
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FINANCIAL CALENDAR
|
26 September 2019 |
Ex-dividend date of proposed final dividend for year ended 30 June 2019 |
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27 September 2019 |
Record date of proposed final dividend for year ended 30 June 2019 |
|
5 November 2019 |
Annual General Meeting, London (12.30pm) |
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8 November 2019 |
Payment date of proposed final dividend for year ended 30 June 2019 |
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December 2019, March, June and September 2020 |
Payment dates for four proposed interim dividends for year to 30 June 2020 |
|
February 2020 |
Half-Yearly Report published for 6 months to 31 December 2019 |
|
September 2020 |
Annual Report published for year to 30 June 2020 |
CHAIRMAN'S STATEMENT
Highlights
– Total dividends per share increased 2.3% to 34.00p, the 46th year of consecutive increase
– Dividend yield of 4.0% {A}
– Share Price Total Return +13.2% {B} and Net Asset Value Total Return +7.9% {B} both well ahead of FTSE All-Share Index Total Return +0.6% {B}
– Discount narrowed from 8.4% to 4.3% over the year