StockMarketWire.com - Finsbury Growth & Income Trust posted a positive return in its fiscal first half that beat its benchmark.

The company's net asset value per share total return for the six months through March was 2.9%.

The FTSE All-Share Index fell 1.8% over the same time period.

The company declared a first interim dividend of 8.0p per share, up 11% on-year.

'As we look forward, our portfolio manager remains optimistic about the outlook and opportunities for the companies in our portfolio,' chairman Anthony Townsend said.

'Your board continues to believe that our portfolio manager's strategy of investing for the long-term in durable cash generative franchises capable of sustained dividend growth will continue to deliver superior investment returns to shareholders.'


At 2:54pm: [LON:FGT] Finsbury Growth Income Trust Plc share price was +11.5p at 878.5p



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