Juridica (JIL) provides finance to pursue civil litigation, and another case in its portfolio has proved successful, with the company receiving an initial instalment worth $17.5m (£11.5m). Accordingly, it has announced a special dividend of 10p a share, payable on 14 January 2014.
IC TIP:
Buy
at
120p
The latest success follows a string of similar awards, and including the latest payout, Juridica will have returned $64m to shareholders through dividends and share buy-backs.