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RYDER CAPITAL Ryder Capital Limited Media Release 19 February 2021 Ryder Capital announces 24.66 % increase in pre - tax NTA , record total comprehensive income after tax of $ 16.7m and lifts interim dividend by 50 % to 3 cents fully franked . Ryder Capital Limited's ( Ryder or Company ) [ ASX : RYD ] undiluted pre - tax NTA return for six months was 24.66 % and for the twelve months to 31 December 2020 was 27.73 % . Strong investment performance drove a 147 % increase ( pcp ) in total comprehensive income to a record $ 16.7m and net asset growth of 20.8 % to $ 105.0m ( from $ 86.9m at 30 June 2020 ) . The Company's distributable profits reserve increased 34.8 % to $ 25.4m or approximately 42 cents per share * during the period providing a solid foundation to pay steady to increasing fully franked dividends over the medium term . Directors are pleased to announce a 50 % increase to the interim dividend declaring a 3 cent per share fully franked interim dividend payable on 13 April 2021 with an ex - date of 24 March 2021 . Ryder's investment performance continues to outperform both nominally and relatively as set out below compared to the Company's benchmark and relevant ASX equities . We highlight the Company's pre - tax undiluted performance which over 1 year , 3 year , 5 year and since inception timeframes exceeds the most comparable ASX equity index to the Company's investment strategy - the ASX Small Ords Accumulation Index . Since inception the Manager has outperformed all comparable ASX equity indices in both positive and negative markets providing superior risk adjusted returns to the Company and its shareholders . * Calculated using the weighted number of ordinary shares on issue for the period ( 60,000,782 units ) . Ryder Performance 6 months ( % ) 1 Year ( % ) 3 Years ( % p.a . ) 5 Years Since Inception ( 3 ) ( % p.a . ) ( % p.a . ) Ryder Capital - Gross Portfolio Performance 31.61 36.00 19.44 23.72 22.96 Ryder Capital - Pre - tax Undiluted NTA Return ( 1 ) ( 2 ) 24.66 27.73 14.94 18.35 17.79 S & P / ASX All Ordinaries Accumulation Index 15.69 3.64 7.44 9.26 9.80 S & P / ASX Small Ordinaries Accumulation Index 20.28 9.21 6.57 10.46 12.24 Ryder Capital Hurdle - RBA Cash Rate + 4.25 % p.a. 2.22 4.59 5.25 5.50 5.53 Excess Return 22.44 23.14 9.69 12.86 12.26 Pre - tax Undiluted NTA Return ( 1 ) ( 2 ) - ( RBA Cash Rate + 4.25 % p.a. ) Source : Bloomberg + Mainstream 1. Adjusted for the dilution of the exercised 26.7m RYDO options and 2.1m RYDOA options . Calculation of pre - tax NTA is prior to the provision and payment of tax . 2. Unaudited investment performance less all costs of operating Ryder Capital Ltd including investment management and performance fees and ignoring the dilutionary impact of unexercised outstanding RYDOA options . 3. Inception Date is 22 September 2015 . The movement in pre - tax NTA for the period is illustrated below . Ryder ( pre - tax ) Performance $ 2.20 $ 0.4988 $ ( 0.0300 ) $ ( 0.0156 ) $ 2.10 $ ( 0.0898 ) $ ( 0.0122 ) $ 1.9892 $ ( 0.0965 ) $ 1.8927 $ 2.00 $ 1.90 $ 1.60 $ 1.80 $ 1.70 $ 1.6381 $ 1.50 June 2020 NTA ( pre - tax ) Portfolio Performance Dividend Payment Management and Director Fee Performance Fee Accrued Option Dilution Dec 2020 Pre - tax Provided & Paid Tax Payment Dec 2020 NTA Pre Tax Provided RYDER CAPITAL Level 25 , 88 Phillip Street Sydney NSW 2000 T +61 ( 2 ) 8211 2791 E enquiries@rydercapital.com.au www.rydercapital.com.au