Target Healthc. Share Price (THRL)

Yeah, reading the end of the RNS seems to imply that too.

“… This disposal is a clear illustration of our ability to pro-actively manage the portfolio to provide an attractive and sustainable level of income, together with the potential for growth, from our diversified portfolio of modern, purpose-built care homes."

Fingers crossed they can keep the divi increasing. Certainly like the progress at they are making.

I don't think it will.

It reads like a good deal for the company, getting rid of some old stock, the debt payments will reduce, which will hopefully take a chunk out of the lost rent.

Just trying to gauge if the sale will negatively impact the dividend payout. Appreciate the loss of income as a result of the sale will be offset by the partial debt repayment, but wonder if it means they will reduce the dividend?

Any views much appreciated

Yes, I think this can only be a win from a reduction in interest rates.

I've been a holder for a few years, the revenue seems secure, so the dividends should continue or increase and the discount should narrow once central banks start to cut interest rates. Goldman Sachs have cut the interest rate on my Marcus savings account so they clearly think rates are coming down soon I guess.