Acorn Income Fund Ld Share Price (AIF)

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Share Name Share Symbol Market Type Share ISIN Share Description
Acorn Income Fund Ld LSE:AIF London Ordinary Share GB0004829437 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 371.00 21,761 08:00:00
Bid Price Offer Price High Price Low Price Open Price
366.00 376.00 371.00 371.00 371.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 4.22 3.53 22.31 16.6 59
Last Trade Time Trade Type Trade Size Trade Price Currency
12:08:49 O 1,011 367.10 GBX
Related Shares
London Stock Exchange (LSEG), 3i (III), Eight Peaks (8PG), Amphion Innovations (AMP)

Acorn Income Fund Ld (AIF) Latest News

Acorn Income Fund Ld News

Date Time Source Headline
15/4/202115:35UKREGAcorn Income Fund Net Asset Value(s)
12/4/202116:20UKREGAcorn Income Fund Net Asset Value(s)
08/4/202115:05UKREGAcorn Income Fund Net Asset Value(s)
06/4/202115:55UKREGAcorn Income Fund Net Asset Value(s)
01/4/202115:55UKREGAcorn Income Fund Net Asset Value(s)
30/3/202112:38UKREGACORN INV.: Early Repurchase - Replacement
29/3/202115:50UKREGAcorn Income Fund Net Asset Value(s)
29/3/202110:03UKREGACORN INV.: Early Repurchase
25/3/202116:02UKREGAcorn Income Fund Net Asset Value(s)
22/3/202114:23UKREGAcorn Income Fund Net Asset Value(s)
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Acorn Income Fund Ld Investors    Acorn Income Fund Ld Takeover Rumours

Acorn Income Fund Ld (AIF) Discussions and Chat

Acorn Income Fund Ld Forums and Chat

Date Time Title Posts
17/4/202117:29Acorn Income I. T.224

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Acorn Income Fund Ld (AIF) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
11:08:51367.101,0113,711.38O
10:55:37374.202,0007,484.00O
10:33:33374.207392,765.34O
10:03:43374.208503,180.70O
09:51:17374.286,54324,489.14O
View all Acorn Income Fund Ld trades in real-time

Acorn Income Fund Ld (AIF) Top Chat Posts

DateSubject
19/4/2021
09:20		Acorn Income Fund Ld Daily Update: Acorn Income Fund Ld is listed in the General Financial sector of the London Stock Exchange with ticker AIF. The last closing price for Acorn Income Fund Ld was 371p.
Acorn Income Fund Ld has a 4 week average price of 320p and a 12 week average price of 292p.
The 1 year high share price is 383p while the 1 year low share price is currently 230p.
There are currently 15,916,687 shares in issue and the average daily traded volume is 68,537 shares. The market capitalisation of Acorn Income Fund Ld is £59,050,908.77.
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26/2/2021
12:01		speedsgh: Dividend cut on the way... Dividend Announcement - HTTPS://www.investegate.co.uk/acorn-income-fund--aif-/prn/dividend-announcement/20210225070000P2CAF/ The Directors are pleased to declare a first interim dividend for the year ending 31 December 2021 of 5.75p per Ordinary Share which is in line with the corresponding dividend for the year ended 31 December 2020. As previously announced at the time of the fourth interim dividend for the year ending 31 December 2020, the income from your Company's investment portfolio has inevitably been adversely hit by dividend cuts as our investee companies seek to manage their businesses in these extraordinary times. It is the Directors' current intention to utilise revenue reserves to maintain the first and second quarterly dividend payments at the same level as the corresponding quarterly dividends for the year ending 31 December 2020. The Company currently has £1.954m of revenue reserves equivalent to 12.36 pence per share. Although our projections do show a recovery in the Company’s revenues for 2021, the Directors believe that it is likely that a return to a sustainable and covered dividend will necessitate a lower dividend payment in future years. Noting the Company is scheduled to hold a discontinuation vote at the AGM in August this year, and that the ZDPs come to the end of their life in early 2022, the Directors aim to report to shareholders ahead of the AGM with an updated view on future dividend policy. Ex-Dividend Date - 11 March 2021 Record Date - 12 March 2021 Payment Date - 31 March 2021 Dividend per Share - 5.75 pence per Ordinary Share (Sterling)
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10/11/2020
11:27		speedsgh: Dividend Announcement - HTTPS://www.investegate.co.uk/acorn-income-fund--aif-/prn/dividend-announcement/20201110111526P2864/ The Directors are pleased to declare a fourth interim dividend for the year ending 31 December 2020 of 5.75p per Ordinary Share which represents an increase of 10.58% compared to the corresponding dividend for the year ended 31 December 2019. With this distribution the total dividend for 2020 will be 23p per Ordinary Share, a 10.58% increase on the 20.8p distribution in 2019. COVID-19 has led many UK companies to reduce or cancel dividend payments and this has impacted Acorn's earnings in 2020. The 23p per Ordinary Share distribution for the year will be achieved by drawing from the Company's revenue reserves. At 31 December 2019, Acorn had revenue reserves equal to 1.04 times the 2019 dividend. The Directors consider the current situation is one in which it is appropriate to draw on those reserves in order to maintain income levels for investors. Acorn will not distribute from capital. Dividends will only be paid out of current period revenues and revenue reserves. The recovery in the income flow from the Company's Smaller Companies portfolio is progressing well. Many of Acorn's investee companies initially adopted a cautious approach to the uncertainties that lay ahead and reduced or passed their dividends. These companies are now resuming dividend payments. A few have actually increased dividends above their 2019 level. There are nine investee companies in the portfolio that have not yet resumed dividends however our investment advisers for the Smaller Companies portfolio believe that most of these will make distributions in 2021. The directors will monitor the level of income generated by the portfolio and this in turn will inform decisions on the appropriate dividend distribution for 2021. Ex-Dividend Date: 3 December 2020 Record Date: 4 December 2020 Payment Date: 18 December 2020 Dividend per Share: 5.75 pence per Ordinary Share (Sterling)
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24/10/2020
15:09		2wild: Got back in Friday at 257.7p, just below the 256-260 mid price, on a 14% discount to 300p NAV and 8.9% yield.
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17/8/2020
13:55		speedsgh: Interims are out. Q3 dividend payment maintained at 5.75p... Half-year Report - HTTPS://www.investegate.co.uk/acorn-income-fund--aif-/prn/half-year-report/20200817113000P7B8C/ Dividend Announcement - HTTPS://www.investegate.co.uk/acorn-income-fund/prn/dividend-announcement/20200817123603P89D2/ "At 31 December 2019, Acorn had revenue reserves equal to 1.04 times the 2019 dividend. The Directors consider the current situation is one in which it is appropriate to draw on those reserves in order to maintain income levels for investors. The interim results published today show that the revenue reserves at 30 June 2020 stood at 14.6p per share having been 21.6p per share at 31 December 2019. Acorn will not distribute from capital. Dividends will only be paid out of current period revenues and revenue reserves." "... the directors believe that 5.75p per share is a reasonable target for the fourth interim dividend that will be paid in December; however shareholders should note that the actual dividend will be set in the light of income earned over the remainder of the year as well as the outlook for 2021 and beyond."
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12/8/2020
16:29		speedsgh: The million dollar question. Will the current level of dividend payout (5.75p per qtr/23.00p annualised) be maintained? "The first interim dividend for 2020 was increased by 10.57% to 5.75p. The Company's income will inevitably be impacted by recent market developments. However, the board recognises the importance of dividends to shareholders and it is the board's intention to maintain the second interim dividend whilst keeping matters relating to future dividends under close review but noting the availability of a healthy dividend reserve. Earnings per share for the year of 22.31p covered the dividend distribution by 107% and resulted in an addition to revenue reserves of £239,024."
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12/8/2020
08:32		stueybabes: Nice jump yesterday. Various resolutions passed at the AGM but not sure any of them justified an 11% price increase. Not complaining though!
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20/7/2020
18:18		orinocor: I'm not sure about this one at all. If the value of the investments fall 33% the NAV goes to zero! Very, very unlikely but who knows what could happen in the months ahead. As a comparison I have been buying Invesco Smaller Companies trust. The epic code is IPU. You can currently buy these shares at around the mid price so the discount is 15%-16% and it has no gearing. On the contrary the latest factsheet to the end of June shows it to have net cash of 1.9%. So a completely different risk profile but the shares were 50% higher at the start of the year so a lot of potential upside and for me a much better proposition.
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20/7/2020
18:00		biggest bill: I had a look at rmmc but that has recovered much further from its March lows. I think the upside here is much greater. Rmmc also has a much bigger bid/offer spread than aif which is very offputting.
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20/7/2020
17:21		biggest bill: I noticed that the shares bottomed out at 215p in March when the ft100 fell under 5000. The current price is not much above that.
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17/7/2020
11:51		2wild: I sold SDV at 135.2p, above NAV last month. Been buying AIF at dicounts of 20-26% over last few weeks. Yesterday sold ASIT at 1% below NAV. All 3 trusts invest in smaller higher yieldig companies and geared by a Zero Pref. Discount here is very odd.
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Acorn Income Fund Ld share price data is direct from the London Stock Exchange
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