6th Nov 2020 14:00
Civitas Social Housing PLC - FTSE 250-listed real estate investment trust - Reports an IFRS net asset value per share of 108.01 pence as at September 30, a slight rise from 107.92 pence on June 30, reflecting a contribution from the indexation of leases in the period and the cost of modest discretionary capital expenditure taken to enhance the quality of properties. Also reflects asset purchases, which were limited in number as Civitas is almost fully invested. Says rents received as normal with no impact from Covid-19. Declares 1.35 pence per share quarterly dividend, in line with its 5.4p per share target after paying 5.30p per share in financial 2020.
Current stock price: 107.20p
Year-to-date change: up 17%
By Anna Farley; [email protected]
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