Source - SMW
F&C Managed Portfolio Trust said its income and growth portfolios beat their benchmark in six months to 30 November 2017.

The net asset value of the income shares rose 2.0% on a total return basis and growth shares rose 6.3%, with both portfolios outperforming the FTSE All-Share Index, which fell 0.2% on a total return basis, in the reported period. 

The company has declared a first and second interim dividend in respect of the year to 31 May 2018, each of 1.3p per Income share versus 1.25p per share in the prior periods. 

The annual rate of 5.45p per Income share paid in the prior year represents a yield on the Income share price at 30 November 2017 of 3.9%.

The company said it intends to pay three interim dividends, each of 1.3p per income share in the current financial year, adding that the amount of the fourth interim dividend will be determined when a clearer view of income for the year emerges. 

At 8:29am: (LON:FMPI) FC Managed Portfolio Trust share price was 0p at 139.5p