- The company produced a NAV (net asset value) total return of 8.5 per cent over the year to 30 November 2019.
- The company has also reported that the FTSE All-Share Index and the FTSE World Index would have produced total returns of 11 per cent and 13.1 per cent respectively over the same period.
- Reducing the discount to 3.8 per cent, by 14 January 2020 the NAV had improved to 612p and the share price to 589p.
- On 16th January 2020, at the time of writing, GMT 08:07 AM, IIT shares were trading at GBX 586.00, unchanged against the previous day closing price.
With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities.
Amidst this, are you getting worried about these falling interest rates and wondering where to put your money?
Well! Team Kalkine has a solution for you. You still can earn a relatively stable income by putting money in the dividend-paying stocks.
We think it is the perfect time when you should start accumulating selective dividend stocks to beat the low-interest rates, while we provide a tailored offering in view of valuable stock opportunities and any dividend cut backs to be considered amid scenarios including a prolonged market meltdown.