<h2>2021 Annual Report and Accounts</h2>
“The Company has delivered a strong absolute performance with a Total Shareholder Return of 16.5%. Against the backdrop of new Covid-19 variants, increasing inflation and a few large technology companies dominating returns, this was a robust result although behind our benchmark. A significant increase in dividends was introduced for the third and fourth interim dividends resulting in a year-on-year total increase of 32.5%. Had we applied the same increased level of interim dividend throughout 2021, this would have resulted in an annual dividend yield of 2.3%.1 From here, we expect to continue extending our 55-year track record of annual dividend increases.”
Gregor Stewart, Chairman of Alliance Trust PLC.
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1. This is based on the Company’s share price on 31 December 2021.