14th Jul 2021 18:35
PRS REIT PLC - real estate investment trust focusing on new-build family homes for the private rental market - Number of completed homes rises to 3,984 as at June 30 from 2,082 the same date a year before, with the estimated rental value per annum nearly doubling to GBP37.5 million from GBP19.1 million.
Demand remains strong, with rent collected in the fourth quarter standing at 98.4%.
Looking ahead, PRS REIT is targeting a minimum total dividend of 4.0 pence per share for the year as a whole.
Current stock price: 104.00 pence
Year-to-date change: up 35%
By Dayo Laniyan; [email protected]
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