6th Aug 2020 19:08
UK Commercial Property REIT Ltd - FTSE 250 real estate investment trust - Net asset per share 83.90 pence at June 30, down from 86.30p at March 31, resulting in total return of minus 2.3% in period. Board agrees to maintain dividend at 0.46p share for the next quarter. "Having reduced the dividend by 50% in April, the board will continue to monitor the evolution of Covid-19 closely, together with its impact on the economy, rent receipts and recurring earnings, while balancing the income requirements of its shareholders, and keep its future dividend policy under review. The board will have clear visibility of 2020 earnings at the time of the Q4 dividend announcement," the company says.
Current stock price: 67.44p
Year-to-date change: down 24%
By Lucy Heming;Â [email protected]
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