The Caledoonia Investment Plc board has declared an interim dividend of 16.6p per share, an increase of 3.1% on last year's interim. This will be paid to shareholders on 9 January 2020.
Other financial highlights include:
-+4.9% NAV total return for the six months (including +2.8% of currency gains)
-Quoted pool returned 10.3%, benefiting from the strong performance of US holdings and strengthening of the US dollar
-Income pool returned 3.4%, benefiting from a slight rebound in UK markets
-Caledonia Private Capital rebranded and deployed significant amounts of new capital in the period, whilst its portfolio companies traded in line with expectations
-Funds pool returned 10.8% with gains from US and Asian private equity funds and strengthening of the US dollar
-Portfolio investments of £189m, included £89m in Stonehage Fleming, a market leading provider of family office services, and £72m in the Funds pool private equity programme
-£106m realised, including £55m in fund distributions and redemptions
-£6m of net cash available plus unutilised facilities of £245m at 30 September 2019
