Updown Investment, the investment trust, declared a higher final dividend from 12.5p to 13p per share for the year ended 31 December. Net asset value per share grew from 531.1p to 705.13p. Pre-tax profits for the year increased sharply from pounds 13,000 to pounds 93,000, while earnings per share improved 8 per cent to 16.03p (14.82p).
Drayton Far Eastern Trust, which invests in stock markets of the Far Eastern and Pacific region, declared a 0.55p final dividend, making a total unchanged at 0.675p for the year ended 31 December. Net asset value per share increased to 164.8p (107.3p).Reuse content