Interim results to 31st March show continued demand for asset class, net assets up 4.2%, to £110.7m, including revaluation gain of £4.3m during the period. Revenue up 15% to £2.3m (H1 2015 £2.0m). Purchases of £2m completed during the period and GRIO is now fully invested. Two interim dividends already paid of 0.952p for period ending 31st December 2015, and 0.9646p for period ending 31st March 2016. Since period end a further interim dividend for period from 1st April to 30th June of 1.0187p ha ....
25 May 2016
NAV uplift of 4% to 118.9p, revenue increase of 15%
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NAV uplift of 4% to 118.9p, revenue increase of 15%
Ground Rents Income Fund PLC (GRIO:LON) | 31.4 -0.1 (-0.9%) | Mkt Cap: 30.0m
- Published:
25 May 2016 -
Author:
Paul Glover -
Pages:
3
Interim results to 31st March show continued demand for asset class, net assets up 4.2%, to £110.7m, including revaluation gain of £4.3m during the period. Revenue up 15% to £2.3m (H1 2015 £2.0m). Purchases of £2m completed during the period and GRIO is now fully invested. Two interim dividends already paid of 0.952p for period ending 31st December 2015, and 0.9646p for period ending 31st March 2016. Since period end a further interim dividend for period from 1st April to 30th June of 1.0187p ha ....