Irish Residential Properties REIT (GB:0QT8) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Irish Residential Properties REIT plc reported a 2.1% like-for-like revenue growth for the first half of 2024, maintaining a high occupancy rate of 99.6%. Despite a slight decrease in reported revenue due to asset disposals from the previous year, the company announced a stable net rental income margin and a focus on cost control. The interim dividend is set at 1.88 cents per share, reflecting 85% of the distributable earnings, as part of the company’s commitment to align with Irish REIT legislation.
For further insights into GB:0QT8 stock, check out TipRanks’ Stock Analysis page.
