Alliance Witan reports 'resilient' first-half performance
By Josh White
Date: Friday 01 Aug 2025
(Sharecast News) - Alliance Witan reported a "resilient" performance over the first half of 2025 on Friday, despite turbulent market conditions, maintaining its long-standing record of dividend growth and keeping its discount to net asset value steady.
For the six months ended 30 June, the FTSE 100 trust said it delivered a net asset value total return of -0.7%, matching the total shareholder return.
That compared with a 0.6% rise in the MSCI ACWI index.
The company's share price declined 1.8% to 1,222.0p, while the net asset value per share also slipped 1.8% to 1,281.9p.
Its discount to net asset value remained unchanged at 4.7%, narrower than the industry and AIC Global sector averages.
The board declared a second interim dividend of 7.08p per share, bringing total dividends declared for the year so far to 14.16p - up 6.9% on the same period in 2024.
Barring unforeseen events, the company said it expected the third and fourth interim dividends to be at least equal to the first and second, setting the stage for a 59th consecutive annual dividend increase.
"It has been a hectic six months, marked by volatility and shifting investor sentiment, and I am pleased to report that the company's investment performance has remained resilient," said chair Dean Buckley.
At 1039 BST, shares in Alliance Witan were down 1.25% at 1,264p.
Reporting by Josh White for Sharecast.com.
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