Finsbury Gwth & Inc Shs (GB:FGT) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Finsbury Growth & Income Trust PLC reported an 8.2% increase in net asset value per share for the year ending September 2024, though it underperformed its FTSE All-Share Index benchmark which saw a 13.4% return. The company faced a challenging year with a share price total return of 3.4% and a widened discount to NAV, but maintained investor support for its concentrated investment strategy. Despite recent underperformance, the trust increased its dividends by 3.2% to 19.6p per share.
For further insights into GB:FGT stock, check out TipRanks’ Stock Analysis page.
Trending Articles
- Can MicroStrategy Stock Reach Around $1,000? Here’s What This Investor Expects
- Bank of America Chimes in on Intel Stock, Warning of a Bumpy Road Ahead
- ‘Don’t Jump on the Bandwagon,’ Says J.P. Morgan About Super Micro Computer Stock
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
