11 March 2020 – dividend declaration and trading update

The alternative capital solutions provider has approved an interim dividend of 0.75p per share with the ex-dividend date being 26 March and payment date 14 April.  It has also confirmed that cashflow generated from its royalty and loan portfolio for the financial year ending 31 March 2020 should be in line with market expectations.  A more detailed trading update is due to be released in April following the end of the financial year but for now this news is reassuring.  We rate the shares as a BUY.