StockMarketWire.com - Law Debenture Corporation's net asset value fell 1.6% on a total return basis in the year to the end of December.

This compares with a 3.5% fall in the FTSE Actuaries All-Share Index.

Net revenue return per share was 15.52p, an increase of 17.0% over the previous year, as a result of a 17.0% increase in the investment trust and a 17.1% increase in independent fiduciary services.

The board is recommending a final dividend of 9.0p per ordinary share (2010: 8.5p), which together with the interim dividend of 4.5p (2010:4.2p) gives a total dividend of 13.5p (2010:12.7p).

At 9:22am: [LON:LWDB] Law Debenture Corp (The) share price was +3.35p at 387.25p



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