Target Healthcare REIT (GB:THRL) has released an update.
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Target Healthcare REIT reports a 0.9% increase in its EPRA Net Tangible Assets per share, reaching 111.7 pence, bolstered by inflation-linked rent reviews in its portfolio of modern care homes. The company maintains a stable net initial yield of 6.20% and announces a dividend of 1.471 pence per share, indicating robust financial health and sustainable growth. With a diversified portfolio valued at £916.4 million and strong ESG credentials, Target Healthcare continues to deliver consistent performance in the care home sector.
For further insights into GB:THRL stock, check out TipRanks’ Stock Analysis page.