Pembroke VCT reports stable NAV with continued dividend target

Published 25/06/2025, 12:54
Pembroke VCT reports stable NAV with continued 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 slight increase of 0.1% from the previous year, according to the company’s annual financial report.

The venture capital trust maintained a NAV per share of 99.7 pence with a fund size of £251.7 million. The company paid dividends totaling 5.0 pence per share (£11.1 million) during the fiscal year, matching the dividend distribution in the previous year to March 2024.

Following the end of the fiscal year, Pembroke VCT distributed an additional dividend of 2.0 pence per share (£5.2 million) in May 2025 and has confirmed its intention to maintain its target annual dividend of 5.0 pence per share.

The company also conducted share buybacks worth £6.4 million during the year to March 2025, with a further £4.6 million share buyback completed in April 2025 after the reporting period.

Pembroke VCT, which focuses on investments in early-stage companies, made this announcement as part of its annual financial results statement. The full annual report and financial statements are available on the company’s website.

The information in this article is based on a press release statement from Pembroke VCT plc.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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