Pembroke VCT reports stable NAV return, maintains dividend target

Published 25/06/2025, 14:20
Pembroke VCT reports stable NAV return, maintains dividend target

LONDON - Pembroke VCT plc reported a net asset value (NAV) total return per share of 139.7 pence for the year ended March 31, 2025, representing a modest 0.1% increase over the previous year, according to a company press release.

The venture capital trust, which now has a fund size of £251.7 million, maintained its NAV per share at 99.7 pence. The company distributed dividends totaling 5.0 pence per share (£11.1 million) during the financial year, matching the dividend payout from the previous year.

Pembroke VCT completed £6.4 million in share buybacks during the fiscal year and an additional £4.6 million share buyback in April 2025. Following the end of the reporting period, the company paid a dividend of 2.0 pence per share (£5.2 million) in May 2025.

The board confirmed its intention to maintain the target annual dividend of 5.0 pence per share going forward.

Pembroke VCT primarily invests in early-stage and growth companies across various sectors. The annual report and financial statements for the year ended March 31, 2025, are available on the company’s website.

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