British Smaller Companies VCT Reports Solid Year

British Smaller Companies VCT (GB:BSV) has released an update.

British Smaller Companies VCT PLC reported a steady year with a 4.7% return on opening net assets and a net asset value per share of 83.6 pence as of March 31, 2024. The company’s portfolio companies showed resilience, with many achieving positive revenue growth and the firm realizing investments with a blended return of 3.1 times cost. Shareholders received dividends of 4.0 pence per share for the year, with an interim dividend of 2.0 pence per share announced for the next year.

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