Today Law Debenture (LSE: LWDB), an investment trust and a leading provider of independent professional services, celebrated 135 years on the London Stock Exchange, at market close on 16 December.
Listed on the FTSE250, Law Debenture’s objective is to achieve long-term capital growth in real terms and steadily increasing income, with the aim of achieving a higher rate of total return that the FTSE All-Share Index. LWDB has outperformed this benchmark by 67% over ten years (as at 30th November 2024), with a track record of increasing or maintaining dividends to shareholders for 45 years.
Law Debenture is a unique investment trust, with its diversified portfolio of majority-UK equity stocks managed by James Henderson and Laura Foll of Janus Henderson, supported by ownership of Independent Professional Services (IPS), a set of independent governance services including pension trustee, corporate trust and corporate services.
“We are delighted to celebrate 135 years on the London Stock Exchange. This milestone reflects our proud heritage but also our ongoing ability to adapt to and thrive in the constantly evolving investment landscape. With our well-diversified investment portfolio and ongoing investment in IPS, Law Debenture is resilient by design and we look forward to continue delivering strong long-term performance and returns for our shareholders in the years to come.”
Denis Jackson