Octopus Titan VCT Reports Tough Year Amidst Global Challenges

Octopus Titan VCT (GB:OTV2) has released an update.

Octopus Titan VCT plc reported a challenging financial year ending December 31, 2023, with a total return of -12.4% and net assets totaling £1.0 billion. Despite the difficult global macro environment impacting growth and capital availability for portfolio companies, a 10-year cumulative return of +28% was noted. The company announced a dividend payment set for May 30, 2024, to registered shareholders as of May 10, 2024, marking a commitment to their revised dividend policy targeting 5% of opening NAV annually.

For further insights into GB:OTV2 stock, check out TipRanks’ Stock Analysis page.