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Investment group Personal Assets Trust posted a positive annual performance that easily beat its benchmark, while maintaining its dividend guidance.
The company's net asset value per share for the year through April rose 5.3%, compared to a 19.8% fall in the FTSE All-Share Index.
A first interim dividend of £1.40 per share would be paid on Friday, with another three to follow, also at £1.40, 'barring unforeseen circumstances'.