IN BRIEF: Octopus AIM VCT 2 ups annual profit and total payout

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Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

Octopus AIM VCT 2 PLC - Essex, England-based venture capital trust - Reports net assets of GBP134.9 million at November 30, up 29% from GBP101.1 million at the same time the previous year. For the year ended November 30, the company reports post-tax profit of GBP18.1 million, up 1.8% from GBP17.8 million year-on-year. Maintains a final proposed dividend of 2.1 pence but increases total dividends per share paid in the year to 5.9p, up from 4.2p. Net asset value per share at November 30 was 90.8p, up from 82.9p at the same time a year prior.

Current stock price: 79.27p
12-month change: down 11%

By Heather Rydings; heatherrydings@alliancenews.com

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