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IN BRIEF: Custodian REIT Ups Interim Dividend Despite Challenges

30th Oct 2020 06:50

Custodian REIT PLC - UK commercial real estate investor - Net asset value per share at September 30 is 95.2 pence, slightly down from 95.7 pence at June 30. Says rent collection remains impacted by the Covid-19 pandemic with 88% of rent collected in the third quarter ended September 30, down from 90% in the second quarter. Proposes interim dividend of 1.05 pence each, up from 0.95p each in the second quarter.

Current stock price: 84.60 pence

Year-to-date change: down 26%

By Greg Roxburgh; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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