Equity Trustees to maintain dividend

equity-trustees/annual-general-meeting/cent/

12 December 2008
| By Benjamin Levy |

Equity Trustees expects to maintain its dividend for the current financial year while remaining positive about the fundamentals of the business. New net funds under management inflow are positive for the year, despite the challenging market conditions.

Equity Trustees advised at its annual general meeting in October that it would be difficult to match its dividend result for 2007-08.

Staff numbers have been maintained at similar levels to the previous year.

Profit after tax will decrease by 10 to 15 per cent compared to the previous corresponding half year.

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