The Q421 trading update ahead of FY21 results on 29 June shows CSH continuing to perform in line with expectations, with no COVID-19 impact on rent collections or property valuations, and continuing to deliver consistent positive returns. A Q421 DPS of 1.35p takes the total declared for the year to 5.4p, in line with the target, fully covered on an annualised run-rate basis by EPRA earnings. The new aggregate DPS target for FY22 is 5.55p, a 2.8% increase and ahead of recent CPI inflation. IFRS N ....
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Civitas Social Housing - FY22 DPS targeted to increase by 2.8%
- Published:
19 May 2021 -
Author:
Martyn King -
Pages:
7
The Q421 trading update ahead of FY21 results on 29 June shows CSH continuing to perform in line with expectations, with no COVID-19 impact on rent collections or property valuations, and continuing to deliver consistent positive returns. A Q421 DPS of 1.35p takes the total declared for the year to 5.4p, in line with the target, fully covered on an annualised run-rate basis by EPRA earnings. The new aggregate DPS target for FY22 is 5.55p, a 2.8% increase and ahead of recent CPI inflation. IFRS N ....