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IN BRIEF: Picton Property Net Assets Fall But Total Return Improves

Fri, 24th Jul 2020 17:08

Picton Property Income Ltd - property investor - Net asset value per share fell 1.3% in quarter ended June 30 to 92.2 pence from 93.4p at the end of March. Net assets down to GBP503.2 million from GBP509.3 million. Total return for the quarter improved to negative 0.6% from negative 1.0%. Declares 0.625p dividend, flat quarter-on-quarter.

Current stock price: 67.00 pence

Year-to-date change: down 31%

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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