Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

IN BRIEF: Regional REIT declares dividend; occupation levels pick up

22nd Feb 2024 12:24

Regional REIT Ltd - Investment trust with a diversified commercial property portfolio in the UK - Declares a dividend of 1.20p for the fourth quarter spanning October to December 31. This compares to a 1.65p dividend for the same quarter in 2022. This latest dividend brings the company's total dividend for 2023 to 5.25p, down from 6.60p a year prior.

The company says that a recent survey of occupation across its office building portfolio revealed a promising return to pre-pandemic levels. The results showed that employees have returned to the office for an average of 4.1 days, and demonstrated 71% active occupation across the company's portfolio. Pre-pandemic active occupation levels are estimated at around 70%.

Current stock price: 22.96 pence per share, up 4.4% in London on Thursday.

12-month change: down 62%

By Hugh Cameron, Alliance News reporter

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All Rights Reserved.


Related Shares:

Regional Reit
FTSE 100 Latest
Value8,809.74
Change53.53