Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
To provide the shareholders with an attractive level of income, together with the potential for income and capital growth, from investing in a diversified portfolio of UK commercial real estate.
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Well I’m hoping so.
Only hold 20K shares here, recently added. Can’t add more at present but hope to build a bigger position as the year progresses.
I brought in with a small amount , hopefully for the dividend to be the same this year as last, buying shares at 44p with a dividend of 32p what would be a fantastic return.
I've been lucky to receive £1k if dividend over the last 2 weeks & decided to put them all into this on Friday.
Been range bound from 42p to 45p for quite a while. Drops below very occasionally and goes above occasionally. Been trading a bit for the past year on top of a core holding, but this is looking very much like it could try a breakout!
2nd tranche added.
Me too @ 11am
Never traded this before but seems a fair quarterly income so in for a 1st tranche sub 44p
Hadn’t seen that article, but looked at the recent investor meet interview and dipped a toe into this trust this morning. Annoying that they marked things up, but will be adding more soon along with JLEN to my income PF.
High volume thursday but down not up. It was a bad day for the REIT sector. Nice bounce back today. A bit annoying as I was topping up today anyway and surprised to see the jump first thing.
Big volume on Thursday what a coincidence?
I believe 98% covered in Q3, but fully covered for year to date - which is how I remember the presentation. Then they are also forecasting being fully covered for full year. Some exceptional costs in Q3.
Rylidan
Dividend cover was 98% not fully covered but there are rent uplifts to come which should help. Additionally they are also letting some of the vacant and or new space. Stanley is now 60% let with another 20% in advanced negations and high hopes that it will become fully let.
Also planning to sell some smaller properties if they can get the valuations to bring down the NAV back inside the 35% self imposed mark. Currently under 37% but will allow them to reduce the more expensive RCF debt side of things.
Yes the Starbucks thing looks interesting but I wonder why Starbucks are willing to give away so much. Maybe because I cant afford their coffee!
Dividend paid 28 Mar 24 @ 0.836p was 0.819 last March
Ex divi 7th Mar 24
He shoots but hits the post. Was close though.
Even selling properties at a premium and more lets progressed. So things should be on the right track for the investor meeting on Thursday 7 March 2024 at 2.00 pm GMT.
Not sure why the big sell off after the results. NAV reduction beats MSCI Index. Fully covered dividend from earnings at 8%.
Seen comments about the Starbucks deal. However I believe the benefits of having a Starbucks on this estate was covered at the last investor meeting. I believe its one of those win win deals, that increases desirability of the complex as a whole.
GLA
Probably ex div 29 Feb 2024 and paid 19 Mar 2024 but might slip due to Feb not having 30 days.
Expect an RNS next week
By the 4th March is my guess. It is a guess though!
Does anyone know when the next dividend will be announced ?
I have just topped up some more of these due to a last minute panic sell of EPIC (long story)
Does that make it a panic buy?
Might watch a bit closer and add more on any drop
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In the cotext of ESG the words that it stands for mean nothing like you would imagine or have ever known them to
Check it out.
.
You sound like an old school Tory with your head buried in the sand. Get real, the world is changing.
Go woke go broke.
If i was looking for a unit i'd be looking for the best value on the best terms. Running a business hard you wouldn't want your capital spent on inflated rent to satisfy a fad. I'm sure the workers at the business morale would be better served by a pay rise than a solar panel
Crass Stupidity is a disease of the out of touch fund managers and politicians
I said it 3 months ago, but their focus on ESG property is spot on. Also mentioned the progressive dividend fully covered by income. At 7.5% current return seems very good value.
Also REITs are also looking very oversold as a sector, and just starting to turn upwards IMO. GLA
I said it 3 months ago
I also watched the presentation and was impressed. Looks the best compared to peers in many ways, perhaps most significantly on interest rates locked in for long term, and the coverage if the dividend. Looks like their ESG approach is spot on, and they have plans to increase revenue and profit. This is one of several income streams for my pension, and I was more than happy.