bullish

Custodian REIT - Reinstating forecasts with improved DPS outlook

92 Views25 Aug 2020 19:04
Issuer-paid
SUMMARY

Amidst challenging market conditions, Custodian REIT (CREI) declared a Q121 DPS 0.95p, 27% ahead of the minimum level indicated for each of the first two quarters of FY21, and fully covered by net cash receipts. With robust rent collection and the lockdown easing, we have reinstated our estimates and look for the quarterly DPS run rate to increase in H221.

Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
  • Unlock research summaries
  • Follow top, independent analysts
  • Receive personalised alerts
  • Access Analytics, Events and more

Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.

Upgrade later to our paid plans for full-access.

or
Already have an account? Sign In Now
Discussions
(Paid Plans Only)
chart-bar
Logo
Edison Investment Research
Leading International Investment Research
Equities
Price Chart(Sign Up to Access)
analytics-chart
  • Loading...
x