on Edison Investment Research Limited (LON:KEFI)
Edison Issues Update on Triple Point Social Housing REIT (SOHO): Strong Rent Growth and Improving Rent Collection
On May 21, 2024, Edison Investment Research Limited issued an update on Triple Point Social Housing REIT (SOHO). The report highlights continuing improvements in rent collection during Q1 2024. The full-year 2024 Dividend Per Share (DPS) target remains unchanged from FY23 at 5.46p, despite asset sales and transfers, representing a yield of 9.0%.
Triple Point Social Housing REIT maintains strong indexed rental income, which supports both income and capital values. Despite a share price recovery from a low point of approximately 42p in April 2023, the shares continue to trade at an almost 50% discount to Net Asset Value (NAV).
For the complete report and other published analyses, visit edisongroup.com.
R. H.
Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all Edison Investment Research Limited news