Alternative Inc Share News (AIRE)

UK dividends calendar - next 7 days

UK dividends calendar - next 7 days

UK shareholder meetings calendar - next 7 days

Alternative Income annual net asset value falls amid low rental growth

(Alliance News) - Alternative Income REIT PLC on Wednesday said its annual net asset value has fallen, amid high inflation, rising interest rates and low rental growth.

UK dividends calendar - next 7 days

UK dividends calendar - next 7 days

UK dividends calendar - next 7 days

IN BRIEF: Alternative Income's net asset value falls

Alternative Income REIT PLC - investor in commercial property assets - Says net asset value at March 31 is 80.6 pence, down 1.2% from 81.6p on December 31. Declares 1.425p third interim dividend, and says it is on track for its full-year target of 5.9p. Adds that its property value on March 31 is GBP102.6 million, down 0.7% from GBP103.3 million at December 31. Chair Simon Bennett says: "The board is pleased to declare a third interim dividend of 1.425 pence per share for the last quarter, which is 101% covered by earnings. This is in line with the board's previously announced annual dividend target of at least 5.9pps for the financial year ending 30 June 2024, which remains subject to continued strong rent collection."

UK dividends calendar - next 7 days

EARNINGS AND TRADING: JPMorgan US Smaller optimistic; Burford buyback

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

EARNINGS AND TRADING: Dar Global celebrates "outstanding" year

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

EARNINGS AND TRADING: Synectics profit jumps; Webis loss widens

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

UK dividends calendar - next 7 days

UK dividends calendar - next 7 days

IN BRIEF: Alternative Income REIT declares quarterly dividend as portfolio appreciates

Alternative Income REIT PLC - London-based investor in commercial property assets - Declares second quarterly dividend of 1.425 pence per share, in line with its goal of delivering 5.9p in dividends for the financial year ending June 30. The company says that this rent target remains contingent on "continued strong rent collection". As of December 31, Alternative Income's 19-property portfolio was valued at GBP103.3 million, up from GBP99.6 million on September 30. The properties' value decreased by GBP1.4 million on a like-for-like basis, and the company says that the portfolio remains "relatively insulated from market fluctuations".