30 July 2021 | 08:18am
StockMarketWire.com - The Scottish American Investment Company (SAINTS) has reported returns of 11.3% in net asset value return, over the first six months of 2021.
Global equities returned 11.4% over the period, whilst the Global Equity Income Sector returned 10.6%.
The company has outperformed its sector significantly over the last five years, retuning 107.3%, against the sector’s 69.8%.
The company’s property portfolio delivered a 12.9% return, following the significant sale of a data centre in Milton Keynes.
The company declared a second interim dividend of 3.075p, and issued over £43 million of shares over the period. The company borrowed £15 million at 2.23%.
According to the company’s interim management report: