Target is making good progress in the deployment of its available capital resources, including the £94m (gross) proceeds of February’s equity issue and extended, but unutilised, debt facilities. A significant pipeline of investment opportunities remains, on terms that management believes are consistent with dividend cover on a fully invested basis. We continue to forecast full investment in the current financial year and dividend cover in FY20. The 5.7% dividend yield is backed by
09 Aug 2018
Target Healthcare REIT - Portfolio performing well and growing
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Target Healthcare REIT - Portfolio performing well and growing
Target Healthcare REIT PLC (THRL:LON) | 83.7 0 0.0% | Mkt Cap: 519.1m
- Published:
09 Aug 2018 -
Author:
Martyn King - Pages:
Target is making good progress in the deployment of its available capital resources, including the £94m (gross) proceeds of February’s equity issue and extended, but unutilised, debt facilities. A significant pipeline of investment opportunities remains, on terms that management believes are consistent with dividend cover on a fully invested basis. We continue to forecast full investment in the current financial year and dividend cover in FY20. The 5.7% dividend yield is backed by