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IN BRIEF: Civitas Social Housing Shrugs Off Covid-19, Unaffected

6th Aug 2020 12:16

Civitas Social Housing PLC - Exeter, England-based trust dedicated to investing into social care housing and healthcare facilities - Announces good results for the second quarter of 2020, ended June 30, and an on target uplifted dividend of 1.35 pence per share - in line with expectations. The company said rents were received as normal with no Covid-19 impact during the quarter. Civitas Social Housing completed the acquisition of three properties for a total consideration of GBP3.9 million over the quarter. The company is in active discussions over the potential acquisition of a range of existing and new build properties to be acquired at completion without the need for forward financing.

Current stock price: 112.82 pence

Year-to-date change: up 24%

By Greg Roxburgh; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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