Maven Income and Growth VCT (GB:MIG1) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Maven Income and Growth VCT PLC has announced its final results for the year ended 29 February 2024, reporting a slight decrease in NAV total return to 145.86p per share and proposing a final dividend of 1.15p per share for July payment. Despite market challenges and a modest rebasing of valuation multiples, the company has successfully deployed £5.9 million in new and follow-on investments, adding eight new companies to its diverse portfolio. The company closed an offer for subscription on 26 April 2024, raising £6.8 million and remains focused on long-term growth strategies.
For further insights into GB:MIG1 stock, check out TipRanks’ Stock Analysis page.
