Primary Health Properties H1 Trading Update posted on Company News Board.
Posted: July 9th, 2020, 7:35 am
The dividend news in this trading update:
" · Two quarterly dividends totalling 2.95p per share distributed in the period and third quarterly dividend of 1.475p per share declared, payable on 21 August 2020, equivalent to 5.9p on an annualised basis and a 5.4% increase over the 2019 dividend per share representing the Company's 24th consecutive year of dividend growth
· The Company intends to make a further dividend payment in November 2020 and maintain its strategy of paying a progressive dividend, in equal quarterly instalments, covered by underlying earnings in each financial year"
I.e. no change here, which will probably be welcome news for those HYPers with PHP in their HYPs.
Gengulphus