StockMarketWire.com - Law Debenture Corporation plc has recommended an interim dividend of 4.2p on the ordinary sharea for the six months to 30 June 2009.

The company provides fiduciary services as well operating an investment trust managed by Henderson Global Investors.

In the period the NAV total return per share increased by 1.5%, compared to a total return of 0.8% for the FTSE Actuaries All-Share Index.

Revenue return per share was 6.62p, a decrease of 24.3% from 8.74p for the previus year.

The investment trust suffered a significant reduction in income as companies cut dividends and interest rates fell.


Story provided by Business Financial Newswire