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Develop North plc (DVNO) ORD GBP0.01

Sell:70.00p Buy:86.00p 0 Change: No change
Market closed |  Prices as at close on 22 November 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:70.00p
Buy:86.00p
Change: No change
Deal now Deal for just £11.95 per trade in a Stocks and Shares ISA, Lifetime ISA , SIPP or Fund and Share Account
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Market closed |  Prices as at close on 22 November 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:70.00p
Buy:86.00p
Change: No change
Market closed |  Prices as at close on 22 November 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Deal now Deal for just £11.95 per trade in a Stocks and Shares ISA, Lifetime ISA , SIPP or Fund and Share Account
Deal now
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.
Open:
78.00p
Trade high:
70.00p
Year high:
80.00p
Estimated NAV:
79.53
Previous close:
78.00p
Trade low:
70.00p
Year low:
70.00p
Premium/Discount:
-1.93%
Previous:
0.00p (0.00%) Previous:
0.00p
Volume:
124
Dividend yield:
5.13%
Currency:
GBX
Data delayed by at least 15 minutes.

Share chart Chart

Price

  • Net Asset Value (NAV)
DEVELOP NORTH performance chart

The chart is based on estimated NAV but will be updated with actual NAV when available.

Premium/Discount

DEVELOP NORTH performance chart
Full interactive share price and premium / discount charts

Performance

Not available for this stock.

Trust Basics

Benchmark: FTSE All Share TR GBP
Annual management charge: n/a
Performance fee: No
Ongoing charge: 2.80%
Dividend yield: 5.13%
Dividend frequency: Quarterly
Total assets: £26m
Gross gearing: 32%
Market capitalisation:Market cap.: £20m
Shares in issue: 24.98 million
Legal structure Closed Ended Investment Company
Domicile: United Kingdom
ISIN GB00BD0ND667

Recent dividends paid or declared by Develop North plc:

Type Ex-div date Payment date Amount
3rd interim * 05/12/2024 27/12/2024 1.00p
2nd interim 12/09/2024 27/09/2024 1.00p
1st interim 13/06/2024 28/06/2024 1.00p
4th interim 07/03/2024 28/03/2024 1.00p
3rd interim 07/12/2023 28/12/2023 1.00p

* Dividend has not yet been paid but has been declared by Develop North plc.

This data is provided by Digital Look. HL accepts no responsibility for its accuracy and you should independently check data before making any investment decision.

Full dividend history

Five years' total annual Develop North plc dividends:

Financial
year end		 Dividend
yield		 Dividend
cover		 Total dividend
paid
30/11/2023 5.00% 0.62 4.00p
30/11/2022 4.70% 0.92 4.00p
30/11/2021 4.70% 0.77 4.00p
30/11/2020 3.50% 1.27 3.00p
30/11/2019 5.80% 0.84 6.00p

All dividend data is calculated excluding any special dividends. Historical dividends may be adjusted to reflect any subsequent rights issues and corporate actions.

Full dividend history

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Important Documents



Objective

The Company will seek to achieve its investment objective through a diversified portfolio of fixed rate loans predominantly secured over land and/or property in the UK. The Company will make investments primarily through senior secured loans although other loans such as bridging loans, subordinated loans, selected loan financings and other debt instruments may be considered if appropriate. The Company anticipates that the typical loan term will be between one and five years. The Company retains absolute discretion to make investments for either shorter or longer periods.

NET ASSET VALUE (NAV)

Estimated NAV: 79.53p
Latest actual NAV: 79.79p
Latest actual NAV date: 31 August 2024
Premium/Discount: -1.93%
12m average Premium/Discount: -0.51%
NAV frequency: Quarterly

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Top 10 countries currently unavailable.

Key Dates

Launch date: 24 January 2017
Financial year end: November
Next AGM: April 2025

Annual & interim reports

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Prices provided by NBTrader. Charts provided by Factset. Dividend data provided by Digital Look. Recent trade data provided by MoneyAM. Trust basics, holding data, key dates, objective and NAV provided by Morningstar.

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.