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I’m a fan of high divi REITs, but WHR lost 174 million pounds this fy (looked at HL financial tab for WHR). Perhaps things will improve, but new buyers beware, this could go to 80p.
RE: 89million shares this week.............5 Jun 2023 15:39
The share buyback is much less convincing as the buy-back shares are held in Treasury. They should be CANCELLED. Shares in Treasury can be re-introduced, which would dilute your holding.
Open Market Value (OMV) at review is a hypothetical concept based on restrictions and assumptions made in the lease and could be defined as: “the best rent a property might achieve if on the open market at the review date”.
Okfornow - you secured an excellent price. Prob no upward movement till interest rates start to begin their lower cycle, but enjoy the 7 percent divi while you (we) wait.