The Law Debenture Corporation - Resilient business model in testing times
The Law Debenture Corporation (LWDB) has reported on a robust first six months of 2022. The NAV total return was negative but ahead of the benchmark and LWDB’s long track record of outperformance, over three, five and 10 years remains. The IPS business grew revenues and earnings, consistent with its mid- to high single-digit target. Additionally, in its 43rd year of maintained or increased dividends, Q122 DPS increased by 5.5% and the board seeks to at least maintain the full year DPS at the FY21 level.Law Debenture Corporation is an investment trust and a provider of independent professional servicesdivides into two areas of business: investment trust and independent professional services. Col. is an investment trust, listed on the London Stock Exchange. Co.'s portfolio of investments is managed by Janus Henderson Investors under a contract. Co. invests in a portfolio diversified both geographically and by industry. Co. is a provider of independent professional services. Co.'s activities are corporate trusts, pension trusts, corporate services (including agent for service of process), whistle blowing services and governance services.
Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.
.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.