Ground Rents Income Fund (GRIO) has today released its Interim Results for the period ending 31 March 2021. The NAV fell by 1.1% to £101.4m (104.5 pps). Dividends of 1.98p have been paid over the six month period, but going forward the Board have announced that they will be reducing the annual dividend target to 3.0pps and expect the dividend to be fully covered by the year ending 30 Sep 2022. At the AGM in March, shareholders approved the authority for the Company to purchase up to 14.99% of it ....
29 Jul 2021
Interim Results
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Interim Results
Ground Rents Income Fund PLC (GRIO:LON) | 31.4 -0.1 (-0.9%) | Mkt Cap: 30.0m
- Published:
29 Jul 2021 -
Author:
Paul Glover | Charles Murphy -
Pages:
3
Ground Rents Income Fund (GRIO) has today released its Interim Results for the period ending 31 March 2021. The NAV fell by 1.1% to £101.4m (104.5 pps). Dividends of 1.98p have been paid over the six month period, but going forward the Board have announced that they will be reducing the annual dividend target to 3.0pps and expect the dividend to be fully covered by the year ending 30 Sep 2022. At the AGM in March, shareholders approved the authority for the Company to purchase up to 14.99% of it ....