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4 August 2021 | 07:42am
StockMarketWire.com - Care home investor Target Healthcare declared a higher quarterly dividend after rounding out the year with a positive valuation performance.
The company declared a fourth interim dividend for the year through June of 1.68p per share, up 0.6% on the 2020 financial year quarterly payouts.
Its net asset value total return per share for the quarter was 2.8%, including EPRA NAV per share increasing 1.2% to 110.4p. We continue to grow the portfolio by adding high quality assets, including new developments, which we are confident will perform and contribute positively to stable returns over the long-term, Target Fund Managers chief executive Kenneth MacKenzie said.