Information  X 
Enter a valid email address

Primary Health Props (PHP)

  Print      Mail a friend

Thursday 02 March, 2017

Primary Health Props

Hardman Research: Clear dividend growth prospects

RNS Number : 3700Y
Primary Health Properties PLC
02 March 2017
 

Hardman Research: Clear dividend growth prospects

Primary Health Properties REIT: PHP reported final results 16th February. PHP has paid 20 years' unbroken dividend increases since first listed. Assets are all on long term leases, mostly upward only rents: a REIT with sustainable growth. At a relatively mature stage in the market cycle, this offers growth with resilience. With a successful £150m fund raise under its belt, visibility of steady expansion and re-gearing imparts upward momentum to EPS. We thus see scope for continuing further dividend growth. 2016 cash dividend cover was 100%. 2017 onwards we see growing, covered dividends.

Please click here for the full report:

http://hardmanandco.com/docs/default-source/company-docs/primary-health-properties-documents/primary-health-properties-2-march-2017.pdf

 

To contact us:   

Hardman & Co

11/12 Tokenhouse Yard 

London

EC2R 7AS

Contacts:

Mike Foster

[email protected] 

 

Telephone: +44 20 7929 3399

Follow us on Twitter @HardmanandCo

www.hardmanandco.com

About Hardman & Co: For the past 20 years Hardman has been producing specialist research designed to improve investors' understanding of companies, sectors, industries and investment securities. Our analysts are highly experienced in their sectors, and have often been highly rated by professional investors for their knowledge.  Our focus is to raise companies' profiles across the UK and abroad with outstanding research, investor engagement programmes and advisory services. Some of our notes have been commissioned by the company which is the subject of the note; this is clearly stated in the disclaimer where this is the case.

Hardman Research Ltd, trading as Hardman & Co, is an appointed representative of Capital Markets Strategy Ltd and is authorised and regulated by the Financial Conduct Authority; our FCA registration number is 600843. Hardman Research Ltd is registered at Companies House with number 8256259.

Our research is provided for the use of the professional investment community, market counterparties and sophisticated and high net worth investors as defined in the rules of the regulatory bodies.  It is not intended to be made available to unsophisticated retail investors. Anyone who is unsure of their categorisation should consult their professional advisors. This research is neither an offer, nor a solicitation, to buy or sell any security. Please read the note for the full disclaimer.


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
NRAEAADAEEDXEFF

a d v e r t i s e m e n t