03:01 Wed 11 Mar 2020
Duke Royalty Limited - Dividend Declaration & Trading Update
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Dividend Declaration & Trading Update
In light of the market turbulence that has been affecting all public companies recently, the Company would like to reaffirm to shareholders that it believes that the cashflow generated from its royalty and loan portfolio for the financial year ending
Duke notes that its business model allows it to cope with challenging macroeconomic events due to the Company's consistently low operating costs versus its monthly cash flows and high operational leverage. A more detailed trading update will be released in April following the end of the Company's financial year.
***ENDS***
For further information, please contact www.dukeroyalty.com, or contact:
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+44 (0) 1481 741 240 |
Cenkos Securities plc (Nominated Adviser and Broker)
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+44 (0) 207 397 8900 |
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+44 (0) 20 3757 6882 |
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