Murray Income Trust Plc - Annual Financial Report

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%

 

 

 

 

 

2018

+3.9%

 

 

2018

+3.3%

Benchmark total return{B}

+0.6%

 

Ongoing charges{A}

 0.65%

 

 

 

 

 

2018

+9.0%

 

2018

0.69%

 

Earnings per share (revenue)

34.9p

 

Dividend per share

 34.00p

 

 

 

 

 

2018

33.6p

 

2018

33.25p

 

Discount to net asset value{A}

-4.3%

 

Dividend yield{A}                                    4.0%

 

 

 

 

 

2018

-8.4%

 

2018

4.2%

 

{A}      Considered to be an Alternative Performance Measure.

{B}      The Company's benchmark is the FTSE All-Share Index.

 

FINANCIAL CALENDAR

 

26 September 2019

Ex-dividend date of proposed final dividend for year ended 30 June 2019

27 September 2019

Record date of proposed final dividend for year ended 30 June 2019

5 November 2019

Annual General Meeting, London (12.30pm)

8 November 2019

Payment date of proposed final dividend for year ended 30 June 2019

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