Company summary
Caledonia Investments is a self-managed investment company with a diversified portfolio of quoted equities, private businesses and third-party private-capital funds. It invests with a long-term, low-turnover approach.
← Back to the 350
CLDN
Caledonia Investments
Investment Trusts
- Index
- FTSE 250
- ISIN
- Not specified
- Book status
- 2026 edition — current
Key activities
Direct investment in listed companies, controlling and minority stakes in private businesses, commitments to private-equity funds and active management of long-term capital allocations.
Key markets
A diversified international portfolio, with significant exposure to the UK and North America through both quoted and private investments.
Key drivers
Performance of quoted holdings, private-company earnings, successful exits, fund returns, currency movements, capital allocation and the ability to reinvest proceeds at attractive valuations.
Key risks
Equity-market declines, illiquidity of private investments, valuation uncertainty, poor private-company performance, currency movements and concentration in individual direct investments.
Recent Developments
19 May 2026: annual results reported a 5.4% NAV total return and £415m of liquidity. Caledonia also agreed the sale of its holding in Stonehage Fleming at about 3.2 times invested cost and extended its dividend-growth record.
Dividend notes
Pays interim and final dividends and has a long record of annual increases. The FY2026 final dividend of 4.004p went ex-dividend on 2 July 2026 and was paid on 6 August; total FY2026 dividend was 7.68p.
The complete 350 Trade Book — 350 leading UK-listed companies, presented in one consistent working reference.