By Josh White
Date: Thursday 25 May 2017
LONDON (ShareCast) - (ShareCast News) - TR Property Investment Trust posted its full year results for the 12 months to 31 March on Thursday, with its net asset value per share rising 5% to 352.42p.
The FTSE 250 company said shareholder's funds totalled £1.118bn at year-end - an increase of 5% - with the number of shares in issue down slightly year-on-year at 317.4 million, from 317.5 million.
Its net debt ratio was 13.3%, increasing from 11.9% at the end of the 2016 financial year.
The share price moved 5.7% during the year to 314.50, and its market capitalisation was also ahead 5.7% at £998m.
Revenue earnings per share were 11.38p, up 36.1%, and the board paid a net interim dividend of 4.1p, a 30.2% increase.
Including its net final dividend per share of 6.4p - a 23.1% improvement - TR Property's net total dividend per share was 10.5p, up 25.7% on a year earlier.
"I'm pleased to report another solid year of performance from the trust," said chairman Hugh Seaburn.
"The board are particularly pleased to announce a final dividend of 6.4p which brings the full year dividend to 10.5p, a 25.7% increase on the previous year.
"This also brings the 10 year compound annual dividend growth rate to an impressive 9.9%."
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Currency | UK Pounds |
Share Price | 321.50p |
Change Today | 3.50p |
% Change | 1.10 % |
52 Week High | 345.00 |
52 Week Low | 255.00 |
Volume | 717,923 |
Shares Issued | 317.35m |
Market Cap | £1,020.28m |
Beta | 0.01 |
RiskGrade | 110 |
Value |
---|
Price Trend |
---|
Income |
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Growth |
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Latest | Previous | |
---|---|---|
Interim | Final | |
Ex-Div | 14-Dec-23 | 29-Jun-23 |
Paid | 11-Jan-24 | 01-Aug-23 |
Amount | 5.65p | 9.85p |
Time | Volume / Share Price |
15:30 | 893 @ 321.50p |
15:29 | 1,200 @ 320.69p |
15:29 | 568 @ 320.50p |
15:29 | 3,664 @ 320.50p |
15:22 | 311 @ 320.00p |
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