The Law Debenture Corporation (LSE: LWDB)

Last close As at 02/03/2024

GBP7.90

8.00 (1.02%)

Market capitalisation

GBP1,026m

The Law Debenture Corporation’s investment objective is to achieve long-term capital growth in real terms and steadily increasing income. The aim is to achieve a higher rate of total return than the broad UK stock market through investing in a diversified portfolio of mainly UK equities with some international holdings. The IPS business provides a regular flow of income, which augments the dividend income from the equity portfolio.

Latest Insights

View More

Investment Companies | Review

The Law Debenture Corporation — One plus one equals three

Investment Companies | Update

The Law Debenture Corporation — Continuing to differentiate itself

Investment Companies | Review

The Law Debenture Corporation — Standing the test

Investment Companies | Update

The Law Debenture Corporation — Resilient business model in testing times

lawdeb04

Equity Analyst

Martyn King

Martyn King

Director, Financials

Key Management

  • Denis Jackson

    CEO

  • Hester Scotton

    CFO

Share Price Performance

Price Performance
% 1M 3M 12M
Actual 0.6 1.3 (6.7)
Relative 0.9 (1.4) (3.6)
52 week high/low 860.0p/721.0p

Overview

FY23 results for The Law Debenture Corporation (LWDB) show this well-proven, rare combination of a UK investment trust and the cash-generative professional services operating business (IPS) continuing to generate strong results. Performance was ahead of the broad UK equity market benchmark, within which IPS growth was just above the upper end of its mid- to high-single digit growth target and DPS was increased by 4.9%. The results build on LWDB’s long-term record of outperformance versus the benchmark and peers and above average DPS growth.

thematic

Consumer

IPO apocalypse

thematic

TMT

ESG, moving beyond the box tick

thematic

Investment Companies

The case for US capital markets

thematic

Investment Companies

Value Investing: Living with the reality, waiting for the inevitable

thematic

Consumer

Illuminator: August Update

thematic

Investment Companies

Post Woodford- A spotlight on smaller company liquidity

thematic

Investment Companies

How to buy and sell investment trusts

thematic

Investment Companies

Types of investment trusts

thematic

Consumer

Deutsche Börse Eigenkapitalforum 2014 Research Guide

thematic

Investment Companies

Investment Trusts Quarterly: Biotechnology & healthcare trusts

thematic

Investment Companies

Investment Trusts Quarterly: Growth and income