Maven Income and Growth VCT Declares Third Interim Dividend as NAV Eases

An announcement from Maven Income and Growth VCT ( (GB:MIG1) ) is now available.

Maven Income and Growth VCT PLC reported an unaudited net asset value of 36.18p per ordinary share as at 28 February 2026, down from 37.38p at 30 November 2025, with NAV total return edging slightly lower to 148.64p per share. The modest NAV decline reflects normal valuation movements across its portfolio of smaller company investments.

Following a partial realisation of its investment in legal tech business Summize, the board declared a third interim dividend of 0.60p per ordinary share for the year ended 28 February 2026, to be paid on 26 June 2026. The company highlighted its enhanced dividend policy targeting a 6% annual yield on NAV and reminded investors of its Dividend Investment Scheme, which allows shareholders to reinvest cash dividends into new shares with associated VCT tax benefits.

The board also confirmed that it remains focused on maintaining adequate distributable reserves, surplus revenue, and VCT-qualifying status when setting future distributions. Directors stated they are satisfied that all inside information held during the closed period ahead of annual results has been or will be properly disclosed to the market, underscoring ongoing regulatory compliance and governance standards.

More about Maven Income and Growth VCT

Maven Income and Growth VCT PLC is a UK-listed venture capital trust focused on providing investors with exposure to a diversified portfolio of smaller, growth-oriented private and AIM-quoted companies. The trust aims to deliver income and capital returns through tax-efficient investment in qualifying venture capital opportunities across the UK market.

Average Trading Volume: 43,046

Technical Sentiment Signal: Strong Buy

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