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LXi REIT collects 99% of rent due for Q2, reaffirms dividend

StockMarketWire.com

LXi REIT reaffirmed its quarterly dividend payment after reporting rent collection for the second-quarter ended June was 99%.

Rent collection would increase to 99.8% following receipt of short term rent deferrals agreed with tenants, the company said.

The company reaffirmed its intention to pay a quarterly dividend of 1.5 pence per ordinary share for the first quarter of the financial year that commenced 1 April 2021.







Story provided by StockMarketWire.com