StockMarketWire.com - Investment manager and financial adviser support group Tatton Asset Management hiked its dividend by 9.4% after it boosted its first-half underlying earnings by more than a fifth.

Pre-tax profit for the six months through September fell 15% to £3.1 million, down from £3.6 million year-on-year, owing to share-based payment charges and a provision release due to Covid-19.

Revenue rose 13% to £11.0 million and adjusted operating profit rose 22% to £5.0 million.

Tatton Asset Management declared an interim dividend of 3.5p per share, up 9.4% year-on-year.

Its assets under management increased 17% to £7.81 billion, with net inflows for the half of £328.1 million.


At 9:30am: [LON:TAM] Tatton Asset Management PLC share price was 0p at 285p



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