Alpha Real Trust Ltd. (ARTL)

Sector:

Real Estate

172.50p
   
  • Change Today:
    -3.00p
  • 52 Week High: 177.00
  • 52 Week Low: 128.50
  • Currency: UK Pounds
  • Shares Issued: 54.19m
  • Volume: 1,251
  • Market Cap: 93.49m
  • Beta: 0.00

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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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

ARTL Market Data

Currency UK Pounds
Share Price 172.50p
Change Today -3.00p
% Change -1.71 %
52 Week High 177.00
52 Week Low 128.50
Volume 1,251
Shares Issued 54.19m
Market Cap 93.49m
Beta 0.00

ARTL Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
52.88% below the market average52.88% below the market average52.88% below the market average52.88% below the market average52.88% below the market average
71.43% below the sector average71.43% below the sector average71.43% below the sector average71.43% below the sector average71.43% below the sector average
Price Trend
82.01% above the market average82.01% above the market average82.01% above the market average82.01% above the market average82.01% above the market average
93.22% above the sector average93.22% above the sector average93.22% above the sector average93.22% above the sector average93.22% above the sector average
Income
43.75% below the market average43.75% below the market average43.75% below the market average43.75% below the market average43.75% below the market average
56.1% below the sector average56.1% below the sector average56.1% below the sector average56.1% below the sector average56.1% below the sector average
Growth
58.3% below the market average58.3% below the market average58.3% below the market average58.3% below the market average58.3% below the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average

ARTL Dividends

  Latest Previous
  Q4 Q3
Ex-Div 27-Jun-19 28-Mar-19
Paid 19-Jul-19 26-Apr-19
Amount 0.80p 0.80p

Trades for 17-Sep-2019

Time Volume / Share Price
12:45 9,000 @ 170.00p
14:40 1,251 @ 170.04p

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