With 90% of contracted rental income paid directly or indirectly by the UK or Irish governments and the balance primarily coming from co-located pharmacies, rent collection remained robust through H120, contributing to a strong H120 financial performance. Primary Health Properties (PHP) is well on track to meet its fully covered 5.9p (+5.4%) FY20e DPS target, which will mark the 24th year of uninterrupted growth.
11 Aug 2020
Primary Health Properties - Robust and resilient growth
Primary Health Properties - Robust and resilient growth
Primary Health Properties PLC (PHP:LON) | 90.8 -2.2 (-2.6%) | Mkt Cap: 1,214m
- Published:
11 Aug 2020 -
Author:
Martyn King -
Pages:
10
With 90% of contracted rental income paid directly or indirectly by the UK or Irish governments and the balance primarily coming from co-located pharmacies, rent collection remained robust through H120, contributing to a strong H120 financial performance. Primary Health Properties (PHP) is well on track to meet its fully covered 5.9p (+5.4%) FY20e DPS target, which will mark the 24th year of uninterrupted growth.