Civitas Social Housing’s FY19 results reflect the continuing strong growth in the company’s asset and income base. EPRA earnings more than doubled, and dividend growth is continuing with the company targeting a 6% increase in DPS to 5.3p for the current year. Acquisitions of £286m in in the year are yet to fully contribute, locking in further income growth, and we forecast an additional c £170m of acquisitions in the current year as the company gears its equity base to
25 Jun 2019
Civitas Social Housing - Growing portfolio, dividends and social impact
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Civitas Social Housing - Growing portfolio, dividends and social impact
- Published:
25 Jun 2019 -
Author:
Martyn King -
Pages:
22
Civitas Social Housing’s FY19 results reflect the continuing strong growth in the company’s asset and income base. EPRA earnings more than doubled, and dividend growth is continuing with the company targeting a 6% increase in DPS to 5.3p for the current year. Acquisitions of £286m in in the year are yet to fully contribute, locking in further income growth, and we forecast an additional c £170m of acquisitions in the current year as the company gears its equity base to