Alternative Income REIT PLC Increases Dividend Target

Alternative Income REIT Plc (GB:AIRE) has released an update.

Alternative Income REIT PLC has announced a promising financial outlook, setting a new annual dividend target of 6.2 pence per share, a 5.1% increase from last year. The company’s portfolio continues to show resilience with 100% rent collection and a slight increase in property value, contributing to a 2.5% NAV total return for the quarter. Investors have responded positively, as reflected in a 9.8% rise in the company’s share price.

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