Care Property Investment (GB:0R6H) has released an update.
Care Property Investment has maintained a stable real estate portfolio and 100% occupancy rate in the first half of 2024, with a slight increase in rental income and a conservative debt profile. The company’s guidance for the full year 2024 indicates an EPS of €1.025 and a steady dividend, reflecting a solid dividend yield of 7.58% as of June 30, 2024. Their risk-averse profile is bolstered by a significant portion of rental income being guaranteed by the Flemish government.
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