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LXI REIT

Alaric
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LXI REIT

#309669

Postby Alaric » May 18th, 2020, 3:15 pm

This REIT in the FTSE250 has been flagged as a cutter or dividend canceller.
viewtopic.php?f=15&t=22386&start=120#p309651

The recent RNS seems (unusually) to be announcing a continuation of the dividends.
https://www.investegate.co.uk/lxi-reit- ... 00141185N/

Wizard
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Re: LXI REIT

#309765

Postby Wizard » May 18th, 2020, 9:46 pm

Alaric wrote:This REIT in the FTSE250 has been flagged as a cutter or dividend canceller.
viewtopic.php?f=15&t=22386&start=120#p309651

The recent RNS seems (unusually) to be announcing a continuation of the dividends.
https://www.investegate.co.uk/lxi-reit- ... 00141185N/

Yes, at a lower level. Was 1.4375, will be 1.30. Is that not a cut?

MDW1954
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Re: LXI REIT

#309975

Postby MDW1954 » May 19th, 2020, 1:45 pm

Wizard wrote:
Alaric wrote:This REIT in the FTSE250 has been flagged as a cutter or dividend canceller.
viewtopic.php?f=15&t=22386&start=120#p309651

The recent RNS seems (unusually) to be announcing a continuation of the dividends.
https://www.investegate.co.uk/lxi-reit- ... 00141185N/

Yes, at a lower level. Was 1.4375, will be 1.30. Is that not a cut?


"Cut" is often used in the sense of "discontinued" or "cancelled". It's confusing, I know.

I hold LXI, and have done for a couple of years now.

MDW1954

Wizard
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Re: LXI REIT

#310003

Postby Wizard » May 19th, 2020, 3:24 pm

MDW1954 wrote:
Wizard wrote:
Alaric wrote:This REIT in the FTSE250 has been flagged as a cutter or dividend canceller.
viewtopic.php?f=15&t=22386&start=120#p309651

The recent RNS seems (unusually) to be announcing a continuation of the dividends.
https://www.investegate.co.uk/lxi-reit- ... 00141185N/

Yes, at a lower level. Was 1.4375, will be 1.30. Is that not a cut?


"Cut" is often used in the sense of "discontinued" or "cancelled". It's confusing, I know.

I hold LXI, and have done for a couple of years now.

MDW1954

I would have thought that in a thread that says "cut cancelled or suspended dividends" it should be pretty obvious it is not the case on that thread.

MDW1954
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Re: LXI REIT

#310106

Postby MDW1954 » May 19th, 2020, 11:13 pm

Wizard wrote:
MDW1954 wrote:
Wizard wrote:Yes, at a lower level. Was 1.4375, will be 1.30. Is that not a cut?


"Cut" is often used in the sense of "discontinued" or "cancelled". It's confusing, I know.

I hold LXI, and have done for a couple of years now.

MDW1954

I would have thought that in a thread that says "cut cancelled or suspended dividends" it should be pretty obvious it is not the case on that thread.


Yes, agreed. In retrospect, a thread titled "cancelled, reduced, or suspended dividends" would have been clearer. "Cut" is ambiguous.

MDW1954

idpickering
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Re: LXI REIT

#442882

Postby idpickering » September 17th, 2021, 7:28 am

Dividend Declaration

The Board of LXi REIT plc (ticker: LXI), th e specialist inflation-protected very long income REIT, is pleased to declare an interim quarterly dividend in respect of the quarter ended 30 June 2021 of 1.5 pence per ordinary share, payable on 29 October 2021 to shareholders on the register at 24 September 2021. The ex-dividend date will be 23 September 2021.

The dividend will be paid as a Property Income Distribution ("PID") in respect of the Company's tax exempt property rental business.


https://www.investegate.co.uk/lxi-reit- ... 00040694M/

I intend being a holder of LXI shares before the ex div date above, thereby further diversifying my exposure to REITs in my HYP.
OK, I've missed the recent gains in the LXI sp, but that doesn't bother me. I intend being a holder of LXI for many years to come.

Ian.

idpickering
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Re: LXI REIT

#443739

Postby idpickering » September 20th, 2021, 7:23 am

LXI have put out an amendment to the above;

Replacement - Dividend Declaration

The following amendments have been made to the announcement Dividend Declaration released at 7am on 17 September 2021 under RNS number 0694M.

The record date (date shareholders appear on the register at the cut-off point for paying the dividend) is 1 October 2021.

The ex-dividend date is 30 September 2021.


https://www.investegate.co.uk/lxi-reit- ... 00082177M/

Ian.

richfool
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Re: LXI REIT

#538473

Postby richfool » October 18th, 2022, 9:59 am

A large purchase of LXI REIT, by partner and fund manager, Simon Lee. Certainly a bit larger than my average purchases.
LXI REIT PLC

("LXI REIT" or the "Company")

SHARE PURCHASE BY SIMON LEE, PARTNER AND FUND MANAGER OF THE COMPANY'S INVESTMENT ADVISOR

The Board of LXI REIT (ticker: LXI), the specialist inflation-protected very long income REIT, announces that Simon Lee, Partner and Fund Manager of the Company's Investment Advisor, LXI REIT Advisors Limited, acquired 207,989 ordinary shares in the capital of the Company at 118.9 pence per share for a total cost of £247,299 on 17 October 2022.

https://www.investegate.co.uk/lxi-reit- ... 00051725D/

Walkeia
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Re: LXI REIT

#541239

Postby Walkeia » October 25th, 2022, 2:05 pm

Refreshed my view of this REIT the past weekend and it is still my favourite income holding. Diversified across resilient sectors with long dated leases; capped debt; management have a big holding and low management charge on market cap so I added fairly substantially yesterday. I have held since the vaccine news back in late 2020 and continue to be impressed with them.

Walkeia
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Re: LXI REIT

#549596

Postby Walkeia » November 24th, 2022, 1:29 pm



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