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Target Healthcare ups dividend as quarterly performance improves
StockMarketWire.com
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Care home investor Target Healthcare upped is dividend after posting a positive quarterly performance.
The company's net asset value total return per share for the year three months through March rose 2.5% quarter-on-quarter.
Its EPRA NAV per share, excluding dividends, increased 0.8%.
Target Healthcare declared a third-quarter dividend of 1.68p per share, representing an increase of 0.6% on the 2020 financial year quarterly dividends.
It said the rise in NAV reflected improved earnings and valuation uplifts across the portfolio from modest yield tightening and annual rental uplifts.
At 9:35am: (LON:THRL) Target Healthcare Reit Ltd share price was 0p at 114p
Story provided by StockMarketWire.com
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