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Maven Income and Growth VCT PLC Reports Strong Financial Year with Strategic Exits and Increased Dividends

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Maven Income and Growth VCT PLC Reports Strong Financial Year with Strategic Exits and Increased Dividends

Elevate Your Investing Strategy:

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

Maven Income and Growth VCT PLC reported a successful financial year ending 28 February 2025, marked by a NAV total return increase to 148.08p per Ordinary Share and six profitable company exits generating over £10 million. The company increased its annual target yield to 6% and proposed a final dividend of 1.25p per Ordinary Share. Despite economic uncertainties, Maven maintained a resilient performance and secured £10 million through an early closed Offer for Subscription, supporting its long-term growth strategy. The company also enhanced its dividend policy and optimized treasury management to ensure compliance and income generation.

More about Maven Income and Growth VCT

Maven Income and Growth VCT PLC operates within the venture capital trust industry, focusing on investments in early-stage businesses with high growth potential. The company maintains a diverse portfolio across sectors such as cyber security, healthtech, regtech, software, and specialist manufacturing, aiming to deliver growth in shareholder value through strategic investments and exits.

Average Trading Volume: 158,290

Technical Sentiment Signal: Buy

For an in-depth examination of MIG1 stock, go to TipRanks’ Stock Analysis page.

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