Significant increase in profit and increased fully franked dividend Posted in News from the Network by Hearts & Minds Investments on February 20th, 2025. The Hearts and Minds Investments Ltd (ASX:HM1) Board of Directors have declared an increased half-year fully franked dividend of 8.0 cents per share payable in April 2025. The Board’s decision to increase the dividend was supported by strong investment performance and a significant increase in reported profits for the half year. The Core Portfolio drove most of the investment returns with strong gains across most holdings. Over the half year, stand out performers were Zillow up 60%, Guzman y Gomez up 48%, Brookfield Corp up 45%, Rokt up 40%, and Block up 32%. The strong performance of the investment portfolio over the last eighteen months has boosted our investment returns since inception in November 2018 to 12.3% per annum. We are also pleased to officially congratulate Brett Jollie on his appointment as Chief Executive Officer, effective 20 February 2025. For further information, you can read our Results Announcement here.
