The year-end recap
Foresight VCT plc, managed by Foresight Group LLP, released its final results for the year ended 31 December 2025 on 14 April 2026. The board approved the numbers the day before, which is corporate-speak for: yes, the math has been checked and the stamp of approval is officially on it.
Same old VCT energy
This wasn’t one of those flashy earnings dumps with a giant surprise and a stock doing cartwheels. Instead, the update reaffirmed the trust’s core mission:
- pay annual ordinary dividends of at least 5% of the latest announced NAV
- target Net Asset Value total return above 5% a year
- keep a regular share buyback program going, as long as the discount stays no wider than 7.5% to NAV
- keep making new and follow-on investments to maintain VCT status
Why you should care
For a VCT, the headline isn’t just “results”; it’s whether the trust can keep balancing income, capital preservation, and fresh deployment without tripping over itself. If you own shares, the dividend and buyback commitments are the part that matter most — they’re the financial equivalent of saying, “Don’t worry, we brought snacks and we’ll keep the room tidy.”
Big picture
This is more steady-as-she-goes than fireworks. But for income-focused investors, steady can be the whole point.