Duke Royalty prospers despite Covid crunch as dividend returns
Shares in alternative financing business Duke Royalty (DUKE:AIM) gained 2.6% to 30.78p after reporting a resilient first-half and re-instating a third-quarter dividend of 0.5p per share.
Royalty finance is a £50 billion industry in North America but it remains relatively new in the UK. This possibly gives Duke an advantage as the only UK-quoted royalty company.