Dividend YieldWith a high quality portfolio, robust balance sheet and attractive income profile, Target shares offer good value, in our view, with a fully covered 6.5% dividend yield.
Financial PerformanceTarget's FY24 results showed a strong total accounting return of 11.8%, driven by a resilient business model delivering a predictable rental stream of inflation-linked income from high quality assets.
Portfolio QualityTarget has assembled a future-proofed, best-in-class portfolio of modern, well-managed assets.