Hearts and Minds Investments: Steady Growth and Dividend Hike

Hearts and Minds Investments Ltd (AU:HM1) has released an update.

Hearts and Minds Investments Ltd reported a stable August with a 0.4% portfolio increase and a robust reporting season, leading to a year-over-year gain of 15.1% and an annualized return of 9.9% since inception. The company declared a higher half-year fully franked dividend of 7.5 cents per share, with the next payment due in October 2024. They also continue their philanthropic efforts, having donated nearly $70 million to medical research to date.

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