The Law Debenture Corporation (LWDB)

Business description

LWDB’s investment objective is to achieve long-term capital growth in real terms and steadily increasing dividend income to shareholders. The aim is to achieve a higher rate of total return than the FTSE All-Share index through investing in a global portfolio diversified both geographically and by industry. LWDB’s independent professional services (IPS) business provides a regular flow of income, which enhances the dividend income from the equity portfolio.

Stock data

Market cap.£718.1m
Last close606.75p
High / Low (52 weeks)616.5p / 515.0p
Stock market listingLN
Forecast net debt (m)N/A
Forecast gearing ratio (%)N/A
TeamInvestment Companies
SectorInvestment Companies

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Company news

Law Debenture Chief Executive Resigns, CFO Named Interim Chief

Mon, 23 Oct 2017 06:56:15 GMT

Law Debenture clears up confusion over premium rating

Thu, 25 Feb 2016 15:33:45 GMT

This trust will protect you in share price storms – and the market is ...

Thu, 09 Jul 2015 08:28:53 GMT

Interested In Financials? Why The Law Debenture Corporation plc (LSE:LWDB) May ...

Fri, 17 Nov 2017 07:30:00 GMT

Ukraine vows to "vigorously" defend itself after Russia takes it to London ...

Thu, 18 Feb 2016 11:48:45 GMT

Investment summary

The Law Debenture Corporation (LWDB) is differentiated by being both an investment trust with a diversified portfolio of global equities and a leading provider of independent professional services through its IPS subsidiaries. The bottom-up managed portfolio is globally diversified with a strong bias towards UK equities. IPS is highly profitable, regularly providing revenue earnings well ahead of its share of NAV, supporting a strong track record of dividend growth and allowing greater flexibility within the portfolio to pursue high-return but lower yield investments. LWDB is benchmarked against the FTSE All-Share index, which it has outperformed over one, three, five and 10 years. Ongoing charges are competitive and the 2.8% yield is one of the highest in the sector.

Last updated on 26/09/2017

Key management

Tim Fullwood, CFO and interim CEO

Company address

Fifth Floor,
100 Wood Street,
London
EC2V 7EX
United Kingdom
+44 (0)20 7606 5451
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