Results that didn’t exactly sit still
CT Private Equity Trust wrapped up 2025 with a share price total return of 21.8% and a net asset value per share of 710.33p. That’s not the kind of year that makes your coffee spit out, but it does suggest the portfolio kept grinding rather than drifting into decorative-finance-land.
The dividend machine keeps humming
The bigger investor takeaway is the income story. The trust announced a quarterly dividend of 7.10p per share, which marks the 13th straight year of dividend increases. In plain English: management is still acting like the trust’s job is to hand you a growing cash stream, not just show up with a fancy spreadsheet.
A little portfolio spring cleaning
There was also a February 2026 disposal worth noticing: the company sold 65% of its holding in CARDO Group for £14.2m. That kind of partial exit can be a nice way to lock in gains and recycle capital, though the market will care less about the bookkeeping and more about whether the trust can keep finding winners after trimming the roster.
Big picture: this looks like a private equity trust trying to do the two things investors love most — make money and pay it out without getting weird about it.