Update research from QuotedData

RNS Number : 9541C

Civitas Social Housing PLC

22 October 2020

 

Civitas Social Housing - Update research from QuotedData

22^nd October 2020

Solid foundations for future growth

Civitas Social Housing (CSH) is one of only a small handful of Real Estate Investment Trusts (REITs) that have had a positive year in the face of the COVID-19 pandemic. Due to the nature of its income - which is ultimately paid through housing benefit from central government - CSH has continued to collect all its rents during the crisis (unlike most other REITs). To reflect its growing earnings, the board has increased the dividend target for 2021 to 5.4p per share (from 5.3p).

Full research:

https://quoteddata.com/research/civitas-social-housing-solid-foundations-for-future-growth-qd/

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NB: Marten & Co was paid to produce this note on Civitas Social Housing and it is for information purposes only. It is not intended to encourage the reader to deal in the security or securities mentioned in this report. Please read the important information at the back of this note. QuotedData is a trading name of Marten & Co Limited which is authorised and regulated by the FCA. Marten & Co is not permitted to provide investment advice to individual investors classified as Retail Clients under the rules of The Financial Conduct Authority.

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