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Maven Income and Growth VCT ( (GB:MIG1) ) has issued an announcement.
Maven Income and Growth VCT PLC announced an unaudited net asset value (NAV) of 39.22p per Ordinary Share as of 31 May 2025, slightly down from 39.37p in February 2025. The company has increased its target annual yield from 5% to 6% of NAV per Ordinary Share, reflecting its commitment to enhancing shareholder returns. Following the realization of an investment in Horizon Ceremonies, an interim dividend of 1.50p per Ordinary Share will be distributed on 29 August 2025. The dividend investment scheme allows shareholders to reinvest dividends into new shares, potentially qualifying for VCT tax relief.
More about Maven Income and Growth VCT
Maven Income and Growth VCT PLC is a venture capital trust that focuses on providing tax-efficient investment opportunities in the UK. It primarily invests in a diversified portfolio of smaller, unlisted companies with growth potential, aiming to deliver long-term capital appreciation and income to its shareholders.
Average Trading Volume: 120,704
Technical Sentiment Signal: Buy
For detailed information about MIG1 stock, go to TipRanks’ Stock Analysis page.