QuotedData’s morning briefing 30 November 2023 – RC2, CTUK

In QuotedData’s morning briefing 30 November 2023:

  • Following the passing of a resolution at its AGM yesterday, Reconstruction Capital II (RC2) will have its last day of dealings on AIM on 18 December 2023.
  • CT UK High Income (CTUK) published results for the 12 months ended 30 September 2023 that show it just failing to match its All-Share Index benchmark (returning 13.1% to the index’s 13.8%) and experiencing a modest widening of its discount (despite buying back 2.5m shares) leaving shareholders with a return of 10.9%. The total annual dividend was up 3% on the previous year (marking the 30th year in a row of dividend increases).

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