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Residential Secure Income ( (GB:RESI) ) has provided an update.
Residential Secure Income plc has announced an interim dividend of 1.03 pence per Ordinary Share, to be paid as a Property Income Distribution on 21 March 2025. The company has recently adopted a new investment objective to orderly realize its assets, focusing on maximizing shareholder returns while protecting resident interests, indicating a strategic shift in its operations.
More about Residential Secure Income
ReSI plc is a real estate investment trust focused on delivering secure, inflation-linked returns, primarily through independent retirement rentals and shared ownership in the UK. The company aims to provide affordable, high-quality homes with long-term stability for residents, partnering with housing developers, associations, and local authorities to meet the demand for affordable housing. ReSI Housing Limited, a subsidiary, is a for-profit Registered Provider of social housing, offering a unique proposition as a long-term private sector landlord within the social housing regulatory environment.
YTD Price Performance: -2.32%
Average Trading Volume: 235,722
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £104.4M
Find detailed analytics on RESI stock on TipRanks’ Stock Analysis page.