StockMarketWire.com - Alpha Real Trust reported a rise in first-half net asset value per share and said returns were likely to see greater contributions from the growing senior debt and mezzanine loan portfolio and less from capital gains.
For the six months ended 30 September 2019, NAV per share grew to 213.5p from 204.3p seen at the end of March.
The company declared a quarterly dividend of 1.0p a share, which was expected to be paid on 10 January 2020.
As at 30 September 2019, the size of ART's secured loan portfolio was £47.5m, representing 38.6% of the investment portfolio; post period end, further loans totalling £3.4m had been funded.
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