Baronsmead Second Venture (GB:BMD) has released an update.
Baronsmead Second Venture Trust PLC reported a 3.8% increase in NAV per share to 57.7p for the half-year ending 31 March 2024, signaling robust growth despite market volatility. The company, focusing on a diverse portfolio of UK growth businesses, raised £25 million and invested £7.3 million in various enterprises during this period. Shareholders are to expect an interim dividend in September as the firm continues to provide tax-efficient, long-term returns.
For further insights into GB:BMD stock, check out TipRanks’ Stock Analysis page.
