Alpha Real Trust Ltd. (ARTL)

Sector:

Real Estate

 208.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 208.00
  • 52 Week Low: 139.50
  • Currency: UK Pounds
  • Shares Issued: 59.71m
  • Volume: 0
  • Market Cap: 124.20m

Alpha Real Trust ups quarterly dividend as NAV moves ahead

By Iain Gilbert

Date: Friday 15 Mar 2019

LONDON (ShareCast) - (Sharecast News) - Alpha Real Trust saw net asset value per share move ahead in the three months ended 31 December, leading it to up its quarterly dividend payment.
Net asset value per ordinary share and A share rose 15.2% quarter-on-quarter to 205.6p, while basic earnings for the first nine months of Alpha's trading year came to 31.9p per ordinary share and A share.

Alpha also turned in a total NAV growth of 19% in the 2018 calendar year, principally driven by realised sales, leading the trust to declare an increased quarterly dividend of 0.8p per ordinary share, expected to be paid on 26 April.

The AIM-listed trust said it had also made material post period end sales of its build-to-rent investments, including the sale of its Frankfurt data centre site for €44.8m and its Monk Bridge, Leeds Private Rented Sector residential site for £15.2m - the sale proceeds of which will be primarily redeployed into its growing secured senior and mezzanine debt portfolio.

Looking forward, Alpha said it remained "well positioned" and also maintained an active pipeline of potential new secured senior and mezzanine loans and other investment opportunities under review.

As of 0930 GMT, Alpha shares had shot up 9.04% to 159.20p.

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ARTL Market Data

Currency UK Pounds
Share Price 208.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 208.00
52 Week Low 139.50
Volume 0
Shares Issued 59.71m
Market Cap 124.20m

ARTL Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
64.89% below the market average64.89% below the market average64.89% below the market average64.89% below the market average64.89% below the market average
72.41% below the sector average72.41% below the sector average72.41% below the sector average72.41% below the sector average72.41% below the sector average
Price Trend
82.68% above the market average82.68% above the market average82.68% above the market average82.68% above the market average82.68% above the market average
60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average
Income
48.69% below the market average48.69% below the market average48.69% below the market average48.69% below the market average48.69% below the market average
47.62% below the sector average47.62% below the sector average47.62% below the sector average47.62% below the sector average47.62% below the sector average
Growth
56.76% below the market average56.76% below the market average56.76% below the market average56.76% below the market average56.76% below the market average
42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average

ARTL Dividends

  Latest Previous
  Q2 Q1
Ex-Div 12-Dec-19 26-Sep-19
Paid 10-Jan-20 18-Oct-19
Amount 1.00p 1.00p

Trades for --2020

Time Volume / Share Price
0 @ 0.000p

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