Duke Royalty (LON: DUKE) has produced record results and once it invests the cash raised earlier this year the income should increase significantly. That means that dividends will rise as well.
A fund manager that holds a concentrated portfolio of 13 small and micro-cap value investee companies is delivering eye-catching returns this year and looks well set to continue doing so.
ALTERNATIVE capital provider Duke Royalty has exited its investment in Irish niche insurer BHPC, which trades as BHP Insurance.
Efficiency Market Theory (EMT) dictates that all publicly available information should be priced into a company’s share price. However, EMT has flaws in my small-cap and micro-cap hunting ground, otherwise I would not be able to regularly flag up market mispricing investment opportunities.
Alternative capital provider Duke Royalty has entered into an CAD 8.3m (£4.8m) royalty financing agreement with Creō-Tech Industrial Group, it announced on Monday.
Manchester-based technology consultancy, inTec Business Solutions, has entered into a £7.7m royalty financing agreement with Duke Royalty.
Alternative capital provider Duke Royalty said on Monday that its first-quarter cash revenue performance had slightly bested internal forecasts. Duke stated cash revenue, being cash distributions from its royalty partners and cash gains from sales of equity assets, totalled £2.9m for the three months ended 30 June, marginally above management’s expectations.