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Another win for Juridica

Juridica has won another legal case, and plans to pay a special dividend
July 4, 2013

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.