Alternative Income REIT Plc (GB:AIRE) has released an update.
Alternative Income REIT Plc has declared a third interim dividend of 1.425 pence per share, maintaining its target of at least 5.9 pence per share for the financial year ending June 30, 2024. The company reports a stable and resilient portfolio, with all properties let and rent fully collected, and a slight decrease in net asset value by 1.2% from the previous quarter. Despite a slight dip in property values, AIRE’s portfolio continues to benefit from long leases with index-linked rent reviews, contributing to a secure and potentially growing income stream.
For further insights into GB:AIRE stock, check out TipRanks’ Stock Analysis page.
