The latest update is out from Maven Income and Growth VCT ( (GB:MIG1) ).
Maven Income and Growth VCT PLC announced an unaudited net asset value of 39.37p per Ordinary Share as of 28 February 2025. The company has increased its target annual dividend from 5% to 6% of the NAV per Ordinary Share, with a proposed final dividend of 1.25p per share to be paid on 18 July 2025. This adjustment reflects the company’s improved dividend policy following profitable private company exits, aiming to provide regular tax-free distributions to shareholders. Additionally, the company offers a Dividend Investment Scheme allowing shareholders to reinvest dividends into new shares, potentially qualifying for VCT tax reliefs.
More about Maven Income and Growth VCT
Maven Income and Growth VCT PLC operates in the financial services industry, focusing on venture capital trusts. The company primarily provides investment opportunities in private companies, aiming to deliver tax-efficient returns to shareholders.
YTD Price Performance: -1.58%
Average Trading Volume: 71,203
Technical Sentiment Signal: Sell
For an in-depth examination of MIG1 stock, go to TipRanks’ Stock Analysis page.