Alliance Trust PLC
Alliance Trust PLC – Half Year Results
Steady performance and increased dividend
Results for six months ended 30 June 2022
Financial highlights
| As at / 6 months to 30 June 202 2 | As at / 12 months to 31 Dec 20 2 1 | As at / 6 months to 30 June 20 2 1 | |
| Share Price | 904.0p | 1032.0p | 993.0p |
| NAV per Share1 | 964.0p | 1090.0p | 1064.6p |
| NAV Total Return2 | -10.5% | 18.6% | 14.8% |
| Total Shareholder Return2 | -11.3% | 16.5% | 11.1% |
| Total Dividend1 | 12.000p | 19.050p | 7.404p |
| MSCI ACWI | -11.0% | 19.6% | 11.1% |
Performance Highlights
- For the six months to 30 June 2022, the Company’s Net Asset Value (NAV) Total Return was -10.5% outperforming its benchmark, the MSCI All Country World Index (MSCI ACWI) which returned -11.0%
- Along with others in the sector, the Company’s discount widened; this resulted in the Company’s Total Shareholder Return (TSR) being lower than the NAV Total Return at -11.3%
- Interim dividend of 6.0p, an increase of 62% year on year and reflecting the significant increase in the dividend introduced in 2021
Gregor Stewart, Chairman of Alliance Trust PLC, commented:
“Our diversified, high conviction approach protected shareholders from the worst of the first half falls, resulting in performance slightly ahead of our benchmark and significantly ahead of the AIC global sector average.”
1GAAP Measure
2Alternative Performance Measure