Real estate investing for dividend income: c. 8% yield for RECI fund

Real Estate Credit Investments Limited (LON:RECI) announced today that it has declared a first interim dividend of 3.0 pence per Ordinary Share (a total amount of GBP 6,879,974.34) for the year ending 31st March 2023. The dividend is to be paid on 9th September 2022 to Ordinary Shareholders on the register at the close of business on 19th August 2022. The ex-dividend date is 18th August 2022.

In RECI’s latest Investment Manager’s Q1 Investor Presentation published on 29th July 2022, RECI confirmed dividends maintained at 3p per quarter represented an 8.1% annualised yield, based on share price, as at 30th June 2022.

Real Estate Credit Investments (LON:RECI) is a specialist investor in UK and European real estate credit markets with a focus on fundamental credit and value. 

Click to view all articles for the EPIC:
Or click to view the full company profile:
Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn

More articles like this

Why now is the time to jump into the housing market

If you’ve been paying attention to the headlines lately, you’ve probably heard echoes of “it’s a bad time to buy a house” and “it’s the perfect time to buy a house.” But which is it? Here, we’ll go

Real Estate Investment Fund RECI August fact sheet

Real Estate Credit Investments Ltd (LON:RECI), a non-cellular company incorporated in Guernsey, has announced that its Investment Manager’s monthly Fact Sheet as at 31 July 2022 is now available: The highlights of the monthly update are provided below:

Europe’s best destinations to buy a second home

In the past year, Europe’s prime real estate market has grown 5.6% amid continued demand, according to new research from international real estate agency Knight Frank. Meanwhile, rental returns in the region’s most in-demand vacation destinations continue to

RECI 8% high dividend yield proves stable passive income investment

Real Estate Credit Investments Limited (LON:RECI) has announced that the Investment Manager’s Q1 Investor Presentation is now available on the Company’s website at: https://www.recreditinvest.com/investors/results-reports-and-presentations/#currentPage=1 An extract from the Summary section of the presentation is set out for investors in the

French property market is booming

he French property market is booming at the moment, and with more and more foreign buyers looking to buy in upcoming areas, many with a view to move to or retire to France one day, choosing the right location is everything. So,

UK property asking prices rise 9.3% on year

Asking prices for British homes advertised for sale this month were 9.3% higher than a year earlier, down from a 9.7% rise in June as mortgage costs rise sharply for first-time buyers, property website Rightmove said on Monday.

Britons could be sitting on property goldmines

House prices are among a long list of consumer goods that have sky-rocketed in recent months. New data has charted the rise of these prices in 50 cities around the UK, with millions of Britons potentially sitting on a

Average UK house prices hit a new record high in June

The average UK house price hit a new record high in June but there are “tentative signs of a slowdown”, according to an index. Prices were up by 10.7% in June, slowing from 11.2% in May, Nationwide Building

Booming housing market creates 36,000 millionaires in a year

Britain’s booming pandemic housing market created 36,000 new millionaires last year, as sellers cashed in on rocketing sale prices. The country now boasts 609,000 high-net-worth individuals, an increase of 6.3pc in 2021, according to consulting company Capgemini’s annual

RECI Investment Manager’s monthly fact sheet in full (LON: RECI)

Real Estate Credit Investments Limited (LON:RECI), a non-cellular company incorporated in Guernsey, has announced that its Investment Manager’s monthly Fact Sheet as at 31 May 2022 is now available below and on the Company’s website at: reci-fact-sheet_31-may-2022 Download The highlights

UK house prices register 11th consecutive rise

UK house prices rose 1% in May to hit a new record high as the property market continued to defy fears of a downturn caused by the cost of living crisis. The £2,857 increase from April was the

UK housing supply rising again 

Housing supply is at last starting to rise, with a 19.2% increase in the number of new listings in England and Wales between January and April, following a “vicious circle” of low supply affecting the UK residential market

No more posts to show