Edinburgh Investment Trust shares go ex-dividend on Thursday 5 November for a first interim payment of 8.40p, up from 7.60p a year earlier. The trust declared the payment on 23 October (LSE:EDIN) and also added a new Credit Facility in the same month.

What happened

The Dividend is for the year ending 31 March 2027. The Record Date is 6 November and payment follows on 20 November. The increase is 10.5%, as the prior-year comparison in the announcement shows. The trust said its proposed schedule for the rest of the year is on its website, which was not reviewed for this article.

Separately, on 6 October the trust (LSE:EDIN) announced a £25m multicurrency revolving credit facility with the London branch of Industrial and Commercial Bank of China. It runs to 5 October 2027 and was described as "an additional flexible source of gearing".

No results were published in the past week. A closed period notice appeared on 16 October (LSE:EDIN), and the latest items are daily NAV and buyback notices, including several since 27 October.

Edinburgh Investment Trust is a constituent of the FTSE All-Share index and sits in the financial services sector. It invests mainly in UK securities. Its objectives are to grow NAV per share faster than that index and to grow dividends per share faster than UK inflation.

Why it matters for investors

The first interim sets an early marker for the dividend objective. One instalment does not establish the full-year outcome, though, and the total will depend on the later payments in the board's schedule.

The credit line matters because it changes how much borrowing the trust could use. Existing Debt comprises four unsecured senior Loan notes with £120m of Par Value and a blended average of 21 years to maturity. Net gearing at 30 September was 10.1% at par and 4.5% at fair value. If fully drawn, the new facility would add 2.4 and 2.3 percentage points respectively.

Gearing can increase returns when markets rise and deepen losses when they fall. The announcement does not say when or whether the facility will be drawn.

Where NAV and the shares stand

The trust's latest notice, published on 2 November, gave unaudited NAV at 30 October. According to an AI-generated summary from available data, NAV including current-year Revenue was 888.34p with debt at par and 934.17p with debt at fair value. Excluding that revenue, the figures were 880.84p and 926.66p.

The difference between the two bases is large because of the long-dated loan notes, so the discount depends on which measure is used. AJ Bell listed NAV of 938.89p at 29 October, nearest to the fair-value basis, with a discount of 8.12% against a 12-month average of 7.87%. That places the rating close to its recent norm on AJ Bell's measure.

AJ Bell showed a last trade of 865p on 2 November, against a previous close of 860p. Its 52-week range was 737.60p to 867p, which leaves the shares close to the high. Market Capitalisation was about £1.05bn, and AJ Bell's listed Yield was 3.81%.

Ticker.app dated the 52-week low to 23 March 2026.

What to watch next

From Thursday, buyers of the shares will not receive the 8.40p. A share price often adjusts by about the value of a payment, although market moves can obscure this.

Further buyback notices will show how actively the board is buying at the current discount. The half-year figures to 30 September, which the closed period notice points towards, should offer the next detailed view of performance against the index, income cover and any use of the new facility.